Business & Finance H1FY24: Contained CAD, better inflows help improve external account KARACHI: Pakistan’s external account improved in the first half of FY24, as current account deficit (CAD) remained... Published 15 May, 2024 05:47am
Business & Finance H1FY24: Services sector posts a meagre growth of 0.5pc KARACHI: Not withstanding robust agriculture growth and a moderate recovery in LSM during the second quarter of ... Published 15 May, 2024 05:47am
Editorials No feel-good factor within general public EDITORIAL: There is a level of comfort internationally in the improvement of key macroeconomic indicators - higher... Published 15 May, 2024 05:47am
Editorials An inexcusable standoff EDITORIAL: Amidst the prevailing disconcerting political instability the word ‘reconciliation’ frequently occurs... Published 15 May, 2024 05:47am
Business & Finance Impact assessment of EDF-funded projects ordered ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has directed a thorough impact assessment and analysis of... Published 15 May, 2024 05:47am
Business & Finance IT services exporters: P@SHA proposes taxation reforms KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary... Published 15 May, 2024 05:47am
Print ATIR rules approved: Special body formed to consult on PECA amendments ISLAMABAD: The federal cabinet has decided to set up a special committee for consultation on amendments in Pakistan... Published 15 May, 2024 05:47am
Print FBR proposes Rs1.3trn new taxation measures ISLAMABAD: The Federal Board of Revenue (FBR) has proposed new taxation measures to the tune of Rs 1,200 billion to... Published 15 May, 2024 05:47am
Business & Finance H2FY24: SBP expects continuation of modest recovery KARACHI: The State Bank of Pakistan (SBP) expects continuation of modest economic recovery in the second half of ... Published 15 May, 2024 05:47am
Business & Finance H1FY24 agri sector output rebounds KARACHI: The output of agriculture sector rebounded, with 6.8 percent growth in the first half of FY24 compared to... Published 15 May, 2024 05:47am
Print Reserved appeals/applications: ATIR chairman directs judicial members to write judgments ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) chairman has directed judicial members, whose tenure will... Published 15 May, 2024 05:47am
Business & Finance Walmart to lay off hundreds of corporate staff, relocate others NEW YORK: Walmart is cutting hundreds of corporate jobs and asking most remote workers to relocate to three main ... Published 15 May, 2024 05:47am
Print AJK govt asked to set up its own Disco ISLAMABAD: The federal government has reportedly asked AJ&K government to establish its own power Distribution... Published 15 May, 2024 05:47am
Print CPEC review meeting: Certain proportion of imports should be done thru Gwadar port: PM ISLAMABAD: Prime Minister Shehbaz Sharif has directed that a certain proportion of government imports should be done... Published 15 May, 2024 05:47am
Print PPIB asks SECMC to supply Thar coal to LEPCL ISLAMABAD: Private Power & Infrastructure Board (PPIB) has asked Sindh Engro Coal Mining Company (SECMC) to... Published 15 May, 2024 05:47am
Print Blocking SIM cards of non-filers: IHC stays govt decision ISLAMABAD: The Islamabad High Court (IHC) on Tuesday stayed the Federal Board of Revenue’s (FBR’s) decision to... Published 15 May, 2024 05:47am
Print Beleaguered PSM under ECC focus ISLAMABAD: The Economic Coordination Committee (ECC) of Cabinet has directed Ministry of Industries and Production... Published 15 May, 2024 05:47am
Print PIACL sell-off: Pre-qualification process to be completed by May-end, PM told ISLAMABAD: Prime Minister Shahbaz Sharif was apprised on Tuesday that the pre-qualification process for the... Published 15 May, 2024 05:47am
Print Anarchic elements: ‘Nefarious motives’ defeated: govt ISLAMABAD: Minister for Information and Broadcasting Attaullah Tarar said that the nefarious motives of some ... Published 15 May, 2024 05:47am
Print Political uncertainty impacting economy: SBP KARACHI: Despite some improvement in macroeconomic indicators, economy continues to grapple with the structural... Published 15 May, 2024 05:47am
Print H1FY24: Driven by agri sector, real GDP grew 1.7pc: SBP KARACHI: Pakistan’s macroeconomic conditions improved during the first half of fiscal year 2024, the State of... Published 15 May, 2024 05:47am
Business & Finance PM unveils plan to sell most SOEs ISLAMABAD: Pakistan will privatise all state-owned enterprises, with the exception of strategic entities, Prime... Published 15 May, 2024 05:47am
Sports Pakistan beat Ireland to edge T20 series 2-1 DUBLIN: Pakistan dominated Ireland to claim a six-wicket win in their T20 series decider in Dublin on Tuesday.... Published 15 May, 2024 12:28am
World Israel and Egypt trade blame over Rafah Crossing closure JERUSALEM: Israel said on Tuesday that it was up to Egypt to reopen the Rafah Crossing and allow humanitarian relief... Published 14 May, 2024 11:25pm
Life & Style Greta Gerwig’s jury at the Cannes Film Festival PARIS: An eight member jury led by Greta Gerwig will decide the winner of this year’s Palme d’Or, the top prize of... Published 14 May, 2024 11:10pm
World Russia hits residential areas in Ukraine’s Kharkiv, at least 20 hurt Russia carried out a series of air strikes on residential areas in the city of Kharkiv in northeastern Ukraine on... Published 14 May, 2024 10:49pm
Pakistan ‘Dubai Unlocked’: Pakistanis own properties worth $11bn in emirate city, report says Pakistanis, including ex-government officials, political figures, bureaucrats, and sanctioned individuals own... Updated 14 May, 2024 11:20pm
Business & Finance US Fed’s Powell expects inflation to fall, though not as confident as before AMSTERDAM: Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S. inflation to resume declining through... Published 14 May, 2024 08:48pm
Life & Style Meryl Streep: Hollywood’s peerless star CANNES, France: There is a strong case to be made that Meryl Streep, who picks up a lifetime achievement award at... Published 14 May, 2024 08:24pm
World Turkiye says to apply to intervene in ICJ genocide case against Israel ANKARA: Foreign Minister Hakan Fidan said on Tuesday that Turkiye decided to submit its declaration of official... Published 14 May, 2024 08:12pm
World UN says nearly 450,000 displaced from Gaza’s Rafah since May 6 RAFAH: The United Nations said Tuesday that nearly 450,000 people have been displaced from Rafah since Israel began... Published 14 May, 2024 07:52pm
World Sri Lanka says around 280 citizens recruited for Russia-Ukraine war COLOMBO: Around 280 Sri Lankans have been recruited to fight on both sides of Russia’s war in Ukraine, officials... Published 14 May, 2024 07:44pm
Perspectives Pakistan’s Civil Services Exams: making a case for provision of bilingual mode in interviews Learning Via Negativa, or addition through subtraction, is a highly useful technique to learn. Acting upon this... Published 14 May, 2024 07:44pm
Sports PSG star Mbappe will join Madrid: La Liga chief BUENOS AIRES: La Liga president Javier Tebas says Paris Saint-Germain striker Kylian Mbappe will join Real Madrid... Published 14 May, 2024 07:17pm
Markets US stocks gain, shrugging off inflation report NEW YORK: Wall Street stocks edged higher early Tuesday, shrugging off disappointing US inflation data and fresh... Published 14 May, 2024 07:13pm
Pakistan Political uncertainty impacting Pakistan economy, says SBP Policy, structural challenges need to be addressed as necessary tailwind, says central bank in half-year report Updated 14 May, 2024 10:50pm
Sports Head Coach Gary Kirsten to join Pakistan squad on May 19 Gary Kirsten will join the national men’s side in Leeds on May 19 to commence his two-year tenure as the white-ball... Published 14 May, 2024 06:55pm
Sports Tabilo follows Djokovic shock by reaching Rome Open quarter-finals ROME: Alejandro Tabilo followed up his shock elimination of Novak Djokovic at the Rome Open with a 7-6 (7/5), 7-6... Published 14 May, 2024 06:43pm
World Zelensky expected in Madrid on Friday: Spanish royal palace MADRID: Ukrainian President Volodymyr Zelensky is expected in Madrid on Friday for an official visit, Spain’s royal... Published 14 May, 2024 06:31pm
Life & Style Abu Dhabi sees first beer made in Arab Gulf ABU DHABI: Inside his Abu Dhabi gastro pub, Chad McGehee inspects shiny steel tanks fermenting a special brew: the... Published 14 May, 2024 06:16pm
Markets OPEC sticks to oil demand view, shifts key forecast to OPEC+ LONDON: OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would... Published 14 May, 2024 05:54pm
Pakistan Attorney general denies allegations of interference in judicial affairs Mansoor Usman Awan says no officer of the security establishment has directly contacted any judge or interfered in judicial matters Published 14 May, 2024 05:37pm
World World Court to hold hearings over Israel’s Rafah attacks THE HAGUE: The U.N.‘s International Court of Justice will hold hearings on Thursday and Friday to discuss new... Published 14 May, 2024 05:33pm
World US tells Ukraine ‘aid on its way’ as Russia claims advances KYIV: Secretary of State Antony Blinken on Tuesday assured Ukraine that US military aid was “on its way”, as Russia... Published 14 May, 2024 05:25pm
World China warns new US tariffs will ‘severely affect’ relations BEIJING: Beijing on Tuesday warned new US tariffs on $18 billion worth of imports from China would “severely affect”... Updated 14 May, 2024 10:33pm
Markets Fast Cables IPO: funds to be used for capacity expansion, says MD The book-building process of Fast Cables Limited’s initial public offering (IPO) will take place on May 15 and 16 as... Updated 14 May, 2024 09:21pm
Markets National Saving Schemes: CDNS revises rates on almost all products Changes take effect from May 14 onward Updated 14 May, 2024 09:23pm
Life & Style ‘Downton Abbey’ to return with a third movie LONDON: The fictitious Crawley family and their servants running a sprawling English country estate in the early... Published 14 May, 2024 04:16pm
Life & Style ‘Digital guillotine’: Hollywood celebrities face backlash over Gaza silence Reality star Kim Kardashian, who attended the Met Gala in New York, has lost hundreds of thousands of Instagram followers in recent days Updated 14 May, 2024 05:33pm
Markets Gold price per tola decreases Rs1,200 in Pakistan Gold prices maintained their downward trajectory for the third consecutive session in Pakistan on Tuesday in line... Updated 14 May, 2024 10:40pm
Pakistan NAB amendments case: SC allows Imran Khan to appear via video-link Hearing to be held on May 16 Updated 14 May, 2024 10:28pm
Sports Shakib Al Hasan named in Bangladesh T20 World Cup squad, Shanto captain Bangladesh included experienced all-rounder Shakib Al Hasan in their 15-man squad for the Twenty20 World Cup in the... Published 14 May, 2024 02:42pm
Markets Russian rouble slightly weakens against dollar MOSCOW: The Russian rouble slightly strengthened against the US dollar on Tuesday. By 07:44 GMT, the rouble was... Published 14 May, 2024 02:40pm
World Sri Lanka cabinet approves new economic law to meet IMF targets COLOMBO: Sri Lanka’s cabinet has approved a new economic law that will cover key targets set by the International... Published 14 May, 2024 02:38pm
Life & Style Big movies, strange mood as Cannes Film Festival prepares for opening night CANNES: The excitement that usually builds to a crescendo ahead of the Cannes Film Festival’s opening night has been... Published 14 May, 2024 02:37pm
Markets Copper hits more than 2-year high despite weaker-than-expected China demand Copper prices climbed to their highest since April 2022 on Tuesday amid inflows of funds into the base metals... Published 14 May, 2024 02:36pm
Markets South African rand lower ahead of mining and unemployment data JOHANNESBURG: South Africa’s rand weakened early on Tuesday, ahead of local mining and first quarter unemployment... Published 14 May, 2024 02:35pm
Markets India April palm oil imports rise to 3-month high India’s palm oil imports rose to their highest level in three months in April as lower prices lured buyers, while... Published 14 May, 2024 02:34pm
Markets European shares limp ahead of US data, Powell remarks; Delivery Hero spikes European shares were subdued on Tuesday as investors braced for a key US inflation data and Federal Reserve Chair... Published 14 May, 2024 02:33pm
Markets Most Gulf bourses muted in early trade Most stock markets in the Gulf were subdued in early trading on Tuesday, as investors were cautious ahead of the US... Published 14 May, 2024 02:31pm
Markets LME aluminium stocks surge to highest since October 2021 LONDON: Aluminium inventories in warehouses registered by the London Metal Exchange (LME) rose to the highest in... Published 14 May, 2024 02:29pm
World Israel’s Rafah attack set Hamas talks ‘backward’: mediator Qatar DOHA: Israel’s military operation in Rafah has set truce negotiations with Hamas “backward”, mediator Qatar said on... Published 14 May, 2024 01:45pm
World Pro-Palestinian protesters cleared from Geneva university GENEVA: Swiss police moved in early Tuesday to remove some 50 pro-Palestinian student protesters holed up in a... Published 14 May, 2024 01:42pm
World Narendra Modi files candidacy for India election in Hindu holy city VARANASI: Cheering crowds greeted Indian Prime Minister Narendra Modi on Tuesday as he submitted his candidacy for a... Published 14 May, 2024 01:39pm
Life & Style Yellow diamond brooch resembling Queen Elizabeth’s up for auction GENEVA: A golden-hued diamond brooch, similar to one worn by the late Queen Elizabeth, is expected to be sold for... Published 14 May, 2024 01:34pm
World Vladimir Putin to visit Beijing, meet Xi this week BEIJING: Russian President Vladimir Putin will visit China this week and meet with leader Xi Jinping, the two... Published 14 May, 2024 01:29pm
Life & Style Gucci takes over London’s Tate Modern for cruise line catwalk show LONDON: Gucci turned London’s Tate Modern art gallery into a catwalk on Monday, as the Italian luxury label... Published 14 May, 2024 01:27pm
World Four injured in Russian shelling of Kharkiv, Ukraine officials say KYIV: Four people were injured in fresh Russian attacks on the battered city of Kharkiv in Ukraine’s northeast,... Published 14 May, 2024 12:36pm
Sports Juergen Klopp hails Liverpool’s character, bids farewell to away fans Liverpool’s squad has shown great character this season, manager Juergen Klopp said after the Merseysiders drew 3-3... Published 14 May, 2024 12:35pm
World 35,173 Palestinians killed in Gaza offensive since Oct. 7, health ministry says DUBAI: Israel’s military offensive in the Gaza Strip has killed at least 35,173 Palestinians and wounded 79,061... Published 14 May, 2024 12:34pm
Business & Finance BOJ may reduce bond buying in June, hike rates in Sept, says ex- central bank executive TOKYO: The Bank of Japan (BOJ) may decide to reduce the size of scheduled bond buying next month to resuscitate a... Published 14 May, 2024 12:33pm
Business & Finance Turkiye central bank net reserves rose $10bn last week, bankers say ANKARA: The Turkiye Central Bank’s net reserves rose by $10 billion last week as it continues accumulate foreign... Published 14 May, 2024 12:31pm
Business & Finance Delivery Hero in $1.25bn deal with Uber for foodpanda Taiwan sale, investment Uber announced on Tuesday a $1.25 billion deal to take over Delivery Hero’s foodpanda business in Taiwan and buy new... Published 14 May, 2024 12:30pm
Sports Coco Gauff says tweaked serve needs time to take off American Coco Gauff has accumulated 35 double faults in three matches at the Italian Open, but the world number... Published 14 May, 2024 12:28pm
Markets Gold prices drift higher as key US inflation data looms Gold prices drifted up on Tuesday, with the spotlight shifting to key inflation reports due this week, which could... Published 14 May, 2024 12:26pm
Technology Sony posts 7% fall in annual profit, narrowly misses PS5 target TOKYO: Japan’s Sony Group reported a 7% fall in annual operating profit on Tuesday, hit by the performance of its... Published 14 May, 2024 12:24pm
Business & Finance German final inflation confirmed at 2.4% in April BERLIN: German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming... Published 14 May, 2024 12:21pm
Technology South Africa’s MTN Q1 service revenue down 18% JOHANNESBURG: MTN Group, Africa’s biggest telecoms operator, reported an 18.8% fall in its first-quarter service... Published 14 May, 2024 12:18pm
Markets Palm oil trades lower as market waits for export and production data JAKARTA: Malaysian palm oil futures reversed gains on Tuesday as the market is awaiting Malaysia’s palm oil export... Published 14 May, 2024 12:17pm
Markets Indian bond traders turn to US inflation print after local data meets estimates MUMBAI: Indian government bond yields were largely unchanged in the early session on Tuesday, as traders moved their... Published 14 May, 2024 12:15pm
Markets Indian rupee in a tight band tracking subdued Asian peers MUMBAI: The Indian rupee was little changed on Tuesday, tracking muted price action in most Asian currencies as... Published 14 May, 2024 12:14pm
Markets JGB yields hit fresh decade-highs on rate-hike bets TOKYO: Japanese government bond (JGB) yields rose on Tuesday to their highest in more than a decade, as bets grew... Published 14 May, 2024 12:12pm
Markets China stocks slip amid US tariff concerns, inflation uncertainty SHANGHAI: China stocks slipped on Tuesday, while the yuan weakened, as news of fresh US tariffs this week and... Published 14 May, 2024 12:10pm
Pakistan Barring ‘strategic entities’, Pakistan to pursue privatisation of all SOEs: PM Shehbaz In official statement, premier says govt should not be in business of doing business Updated 14 May, 2024 09:21pm
Markets China’s yuan lingers near 2-week low ahead of US inflation SHANGHAI: China’s yuan hovered near a two-week low on Tuesday against a steady dollar, with investors awaiting an... Published 14 May, 2024 12:08pm
Markets KSE-100 powers past 74,000 with over 730-point gain The Pakistan Stock Exchange (PSX) continued its merry-run on Tuesday as the benchmark KSE-100 gained over 730 points... Updated 14 May, 2024 10:39pm
Markets Rupee stable against US dollar Currency settles at 278.18 in inter-bank market Updated 14 May, 2024 10:26pm
Sports WADA to hold extraordinary meeting in Chinese swimmers case MONTREAL: The World Anti-Doping Agency announced Monday it would hold an extraordinary meeting this week to discuss... Published 14 May, 2024 11:19am
World Twelve dead, 60 injured in India billboard collapse MUMBAI: Twelve people were killed and at least 60 injured after a billboard collapsed during a fierce storm in... Published 14 May, 2024 11:16am
Sports Daniil Medvedev battles past Medjedovic and into Rome last 16 ROME: Daniil Medvedev continued his Rome title defence with Monday’s hard-fought 7-6 (7/5), 2-6, 7-5 win over... Published 14 May, 2024 11:00am
Sports Tyson says comeback at 57 was ‘no-brainer’ NEW YORK: Former heavyweight king Mike Tyson said Monday his decision to step back into the ring at the age of 57... Published 14 May, 2024 10:56am
World UN chief ‘gravely concerned’ by clashes in Sudan’s El-Fasher UNITED NATIONS: UN Secretary-General Antonio Guterres is “gravely concerned” by fighting in recent days between the... Published 14 May, 2024 10:54am
Markets Hong Kong stocks press on with gains at open HONG KONG: Hong Kong stocks extended gains at the open Tuesday on investor optimism over upcoming earnings from... Published 14 May, 2024 10:52am
World Blinken in Ukraine on unannounced visit to show US support: AFP journalist KYIV, Ukraine: Secretary of State Antony Blinken arrived Tuesday morning in Kyiv on an unnanounced visit meant to... Published 14 May, 2024 10:49am
World EU to sign off on asylum overhaul as some push for tougher policies BRUSSELS: A month ahead of EU elections expected to see a surge by far-right parties, the 27-nation bloc will on... Published 14 May, 2024 10:47am
Markets Asian traders bide their time ahead of key US inflation data HONG KONG: Asian investors shifted cautiously Tuesday ahead of the release of key US inflation data that could have... Published 14 May, 2024 10:45am
World Death toll from floods in Indonesia’s West Sumatra rises to 50 JAKARTA: The number of people killed by flash floods and mud slides in Indonesia’s West Sumatra province has risen... Published 14 May, 2024 10:35am
Markets Japan’s Nikkei drifts sideways as more earnings, US CPI awaited TOKYO: Japan’s Nikkei share average drifted sideways in a narrow range on Tuesday as investors braced for more local... Published 14 May, 2024 10:26am
Markets Australia shares inch lower as caution prevails ahead of US inflation data Australian shares inched lower on Tuesday, dragged by banks, real estate stocks, and miners, while cautious... Published 14 May, 2024 10:24am
Markets Indian shares set for higher open; Shriram Finance in focus BENGALURU: Indian shares are likely to open higher on Tuesday, after marking a rebound in the last session from the... Published 14 May, 2024 10:21am