Latest - Business Recorder

Markets

Positive momentum at PSX, KSE-100 up nearly 1,100 points amid Iran-US interim peace deal

Benchmark index was hovering at 181,594.40

Published 18 Jun, 2026 09:44am

Markets

Gold climbs over 1% as oil drops on US-Iran interim deal

Spot gold was up 1.4% at $4,316.42 per ounce

Published 18 Jun, 2026 08:17am

Markets

Indian rupee poised to slip after hawkish Fed surprise opens door to rate hike

The Indian rupee is expected to open ‌in the 94.70–94.75 range on Thursday, traders said, after settling at 94.5250 in the previous session

Published 18 Jun, 2026 08:11am

World

South Korea's Lee leaves G7 with Trump's pen after talks about peace on the peninsula

Lee, attending the summit in Evian-les-Bains as an invited partner, said on Thursday he had spoken at length with Trump during the leaders’ dinner

Published 18 Jun, 2026 08:09am

World

Ukraine's Zelenskiy meets India's Modi, says closer ties will make both countries stronger

Zelenskiy, writing on Telegram after meeting Indian Prime Minister ⁠Narendra Modi at the G7 summit in France, said there was "great potential" in 'filling joint projects with more meaning'

Published 18 Jun, 2026 08:04am

Markets

Apple to raise prices due to memory chip shortage, CEO Cook tells WSJ

Apple is reportedly on track to release its first foldable iPhone in September, alongside the iPhone 18 Pro and Pro Max

Published 18 Jun, 2026 08:02am

Markets

Indian shares set for muted start as Fed rate hike projection offsets oil slump

*GIFT Nifty futures ‌were trading at 24,057

Published 18 Jun, 2026 07:56am

Markets

Asian stocks steady, oil lower as US and Iran sign peace deal

MSCI's broadest index of Asia-Pacific shares outside Japan was flat

Published 18 Jun, 2026 07:53am

Markets

Oil slips again as US, Iran sign peace deal

Brent crude futures were down 89 cents, or 1.12%, at $78.66 a barrel

Published 18 Jun, 2026 07:49am

Markets

Dollar clings to two-month peak as Fed rate-hike bets mount, yen slides

*The euro last traded a shade stronger at $1.1511 and sterling strengthened to $1.3318

Published 18 Jun, 2026 07:44am

Business & Finance

Beverage industry: Proposal to cut FED on aerated beverages to 15pc endorsed

ISLAMABAD: Chairman of the Senate Standing Committee on Finance Saleem Mandviwalla has endorsed a proposal of...

Published 18 Jun, 2026 07:23am

Business & Finance

Govt hires IVA for USD400m ADB-backed SOEs, NHA reforms

ISLAMABAD: The government has initiated the hiring of an Independent Verification Agency (IVA) to oversee and...

Published 18 Jun, 2026 07:18am

Pakistan

Bilawal, PM discuss Sindh uplift projects

ISLAMABAD: Ahead of the June 19 scheduled signing of the US-Iran interim peace deal, Pakistan Peoples Party (PPP)...

Published 18 Jun, 2026 07:14am

Business & Finance

Commercial importers: FPCCI urges govt to provide a level playing field

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected the significant tax...

Published 18 Jun, 2026 07:11am

Pakistan

Iran to 'instantly' reopen Hormuz, US to 'immediately' lift blockade: Pakistan PM

Pakistan hosting a ceremony in Switzerland with Qatari support

Updated 18 Jun, 2026 09:05am

Pakistan

NA body informed: Rs620bn taxes collected through power bills

ISLAMABAD: The National Assembly Standing Committee on Finance was informed on Wednesday that the government is...

Published 18 Jun, 2026 06:54am

World

BBC to cut 550 jobs in cost-saving drive, including news division layoffs

LONDON: Britain’s BBC public service broadcaster will cut 550 jobs, including in its news and content divisions, it...

Published 18 Jun, 2026 06:51am

Business & Finance

NA body questions AI-based tax audit credibility

ISLAMABAD: National Assembly Standing Committee on Finance Wednesday raised questions over the credibility and...

Published 18 Jun, 2026 06:40am

Pakistan

Aurangzeb, opposition MNAs talk on range of issues

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

Published 18 Jun, 2026 05:37am

Pakistan

Dar, Turkish FM discuss peace deal

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

Published 18 Jun, 2026 05:37am

Pakistan

Experts discuss Pakistan’s social, political realities at SAFMA

LAHORE: Academics, journalists, students, and civil society members gathered at the SAFMA premises in Lahore on the...

Published 18 Jun, 2026 05:37am

Pakistan

HCSTSI reacts strongly to poor condition of mobile network

HYDRABAD: The President, Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) Muhammad Saleem Memon has...

Published 18 Jun, 2026 05:37am

Pakistan

Appointments of IHC judges: IHC grants federation more time to submit reply

ISLAMABAD: The Islamabad High Court (IHC) granted the federal government more time to submit its response in a...

Published 18 Jun, 2026 05:37am

Pakistan

IPP decides to participate in GB LG polls

ISLAMABAD: Istehkam-e-Pakistan Party (IPP) has decided to participate in the upcoming Local Government Elections in...

Published 18 Jun, 2026 05:37am

Pakistan

KP Govt to achieve 100pc uplift funds utilization target

PESHAWAR: The government of Khyber Pakhtunkhwa is likely to achieve the target of 100 percent utilization of...

Published 18 Jun, 2026 05:37am

Business & Finance

Documented industry: LCCI, PFMA highlight negative impact

LAHORE: The Pakistan Footwear Manufacturers Association (PFMA) has expressed serious concern over the proposal in...

Published 18 Jun, 2026 05:37am

Business & Finance

Shariah-compliant investment products: Lucky Investments, DIB Pakistan partner

KARACHI: Lucky Investments Limited and DIB Pakistan have entered into a strategic partnership to expand access to...

Published 18 Jun, 2026 05:37am

Pakistan

No delay in presentation of KP budget: Kundi

PESHAWAR: Khyber Pukhtunkhwa (KP) Governor Faisal Karim Kundi on Wednesday said that there is no delay in the...

Published 18 Jun, 2026 05:37am

Business & Finance

Pak economy stands at a crucial juncture, says Mian Zahid

KARACHI: Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum (PBIF) & All Karachi...

Published 18 Jun, 2026 05:37am

Business & Finance

PBF submits recommendations on finance bill

KARACHI: The Pakistan Business Forum (PBF) has submitted a comprehensive set of recommendations on the Finance Bill...

Published 18 Jun, 2026 05:37am

Business & Finance

PCJCCI celebrates 75th anniversary of Pak-China ties

LAHORE: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) celebrated the enduring diplomatic...

Published 18 Jun, 2026 05:37am

Business & Finance

PCMA warns against proposed duty hike on salt

LAHORE: The Pakistan Chemicals Manufacturers Association (PCMA) has expressed serious concern over proposed increase...

Published 18 Jun, 2026 05:37am

Pakistan

PPP Senator demands division of Punjab into smaller provinces

ISLAMABAD: A treasury lawmaker in the Upper House of the Parliament has demanded the division of Punjab into smaller...

Published 18 Jun, 2026 05:37am

Pakistan

Punjab wildlife crackdown nets nine suspects province-wide

LAHORE: The Punjab Wildlife Conservation and Parks Department has intensified its province-wide crackdown against...

Published 18 Jun, 2026 05:37am

Business & Finance

PVMA concerned over new sales tax mechanism

KARACHI: Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), Sheikh Umer Rehan, has expressed...

Published 18 Jun, 2026 05:37am

Pakistan

TTAP hosts ‘People’s Alternative Budget Dialogue’

LAHORE: The Tehreek-e-Tahafuz-e-Ayeen-e-Pakistan (TTAP) Punjab on Wednesday organised the “People’s Alternative...

Published 18 Jun, 2026 05:37am

Pakistan

‘Understanding of budget documents essential for legislation’

LAHORE: Effective oversight of public resources is a guarantee of a strong democracy while a proper understanding of...

Published 18 Jun, 2026 05:37am

World

Fed holds rates steady

WASHINGTON: The Federal Reserve held the benchmark interest rate steady on Wednesday and policymakers expect a hike...

Published 18 Jun, 2026 05:37am

Sindh cuts development budget by 30pc

KARACHI: The Sindh government has announced a 30 percent reduction in its development budget for the next fiscal...

Published 18 Jun, 2026 05:37am

Sindh allocates Rs385bn for ADP

KARACHI: The Sindh government has proposed an allocation of Rs385 billion for the provincial Annual Development...

Published 18 Jun, 2026 05:37am

Sindh earmarks Rs6.195bn for transport modernisation

KARACHI: The Sindh government has earmarked significant funding in its budget 2026-27 to expand public transport...

Published 18 Jun, 2026 05:37am

Rs620bn allocated for education sector

KARACHI: The Sindh government allocated a sum of Rs620 billion for the education sector in its budget for the fiscal...

Published 18 Jun, 2026 05:37am

Balochistan unveils surplus budget

QUETTA: The Balochistan government on Wednesday unveiled a Rs1.089 trillion surplus budget for fiscal year 2026-27,...

Updated 18 Jun, 2026 09:07am

Business & Finance

May CA posts USD459m surplus

KARACHI: Pakistan’s current account posted a USD 459 million surplus in May 2026 supported by record-breaking...

Published 18 Jun, 2026 05:37am

ECC approves gas supply to NSCL

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved gas supply to National Steel...

Published 18 Jun, 2026 05:37am

11MFY26 FDI falls 28.4pc to USD1.623bn YoY

KARACHI: Foreign Direct Investment (FDI) dropped sharply 28.4 percent during the first eleven months of this fiscal...

Updated 18 Jun, 2026 09:06am

Discos launch new electricity bill format

ISLAMABAD: Power Distribution Companies (Discos) across the country have introduced a redesigned electricity bill...

Updated 18 Jun, 2026 09:06am

Sindh budget reflects govt’s frugal approach

KARACHI: Chief Minister Sindh Syed Murad Ali Shah on Wednesday presented a Rs3.56 trillion budget for fiscal year...

Updated 18 Jun, 2026 09:08am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (June 17, 2026) and the forecast for Thursday (June 18 2026)....

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

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

Business & Finance

China issues second batch of naphtha import quotas

BEIJING/NEW DELHI: China has issued a second batch of 2026 naphtha import quotas, likelyat a lower volume than the...

Published 18 Jun, 2026 05:37am

World

Mumbai rations water supply as June rainfall hits 12-year low

MUMBAI: Grappling with its driest June in more than a decade, India’s financial capital of Mumbai has cut water...

Published 18 Jun, 2026 05:37am

World

I’m the boss’, Trump says at G7, as he warms to Ukraine’s war aims

EVIAN-LES-BAINS, (France): US President Donald Trump on Wednesday told a roomful of global leaders “I’m the boss”,...

Published 18 Jun, 2026 05:37am

World

Israel approves settler building plans in West Bank city

HEBRON: Israel on Wednesday approved the expansion of a Jewish school for settlers living in the centre of the...

Published 18 Jun, 2026 05:37am

BR Research

National Silk & Rayon Mills Limited

National Silk & Rayon Mills Limited (PSX: NSRM) was incorporated in Pakistan as a public limited company in...

Updated 18 Jun, 2026 08:07am

Business & Finance

PSW wins at Asia-Pacific Trade Facilitation Innovation Awards 2026

ISLAMABAD: In a historic achievement for Pakistan’s digital transformation and trade facilitation, Pakistan Single...

Published 18 Jun, 2026 05:37am

Pakistan

Rs395.16bn allocated for health sector

KARACHI: The Sindh government has allocated Rs395.16 billion for the health sector in its budget for fiscal year...

Published 18 Jun, 2026 05:37am

Business & Finance

Pioneer Cement launches captive solar power project in Khushab

KARACHI: Pioneer Cement Limited has launched a 28-megawatt captive solar power project at its manufacturing facility...

Published 18 Jun, 2026 05:37am

Pakistan

Sindh’s people: Budget with no new taxes carries message of relief, development: Sharjeel

KARACHI: Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit, Sharjeel Inam...

Published 18 Jun, 2026 05:37am

Pakistan

Nawaz for resolving issues facing AJK through talks

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and former Prime Minister Nawaz Sharif has urged the...

Published 18 Jun, 2026 05:37am

Business & Finance

Punjab has achieved 99pc tax target, says finance minister

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has said that the province successfully achieved 99...

Published 18 Jun, 2026 05:37am

Pakistan

CM for use of modern technology to combat desertification

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has stressed the need for agricultural research and the use of...

Published 18 Jun, 2026 05:37am

Pakistan

CM prays for peace and prosperity for Muslim Ummah

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif, in her message on the commencement of the new Hijri year,...

Published 18 Jun, 2026 05:37am

Pakistan

UAF holds foreign students’ graduation ceremony

FAISALABAD: The University of Agriculture Faisalabad (UAF) organized a Foreign Students’ Graduation Ceremony at the...

Published 18 Jun, 2026 05:37am

Business & Finance

‘Generation Punjab’ initiative being introduced with Rs100bn investment

LAHORE: The Punjab government is introducing the “Generation Punjab” initiative with an investment of Rs 100...

Published 18 Jun, 2026 05:37am

Pakistan

Punjab’s surplus budget reflects strong fiscal discipline: Azma

LAHORE: Punjab Minister for Information and Culture Azma Bokhari has said that the Punjab government has achieved a...

Published 18 Jun, 2026 05:37am

Pakistan

Rs160bn earmarked for LG grants, DCs

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Wednesday presented the Sindh government’s annual budget for...

Published 18 Jun, 2026 05:37am

Pakistan

Over Rs156bn allocated for local councils

KARACHI: The Sindh government has allocated more than Rs156 billion in grants to local councils during the current...

Published 18 Jun, 2026 05:37am

Pakistan

Ban extended till July 23: Airspace remains off-limits to all Indian aircraft

KARACHI: Pakistan has extended its airspace closure for Indian-registered aircraft till July 23, 2026. A latest...

Published 18 Jun, 2026 05:37am

Pakistan

Sindh govt to enhance funding for disability rehabilitation

KARACHI: For empowering persons with disabilities, the Sindh government has proposed enhanced funding for disability...

Published 18 Jun, 2026 05:37am

Pakistan

Rs4.72bn allocated for disaster response, emergency services

KARACHI: The Sindh government has allocated Rs 4.72 billion during FY2025-26 to strengthen disaster preparedness,...

Published 18 Jun, 2026 05:37am

Business & Finance

FY27 tax collection target: Langrial expresses optimism

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial said that we are hopeful that by the end...

Published 18 Jun, 2026 05:37am

Business & Finance

Nutshell, M&P strengthen THE GLOBAL CONNECT

KARACHI: Nutshell Group has strengthened THE GLOBAL CONNECT, its flagship global thought leadership and economic...

Published 18 Jun, 2026 05:37am

Business & Finance

Fintech to increase capital market investment accessibility: SECP

KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Dr Kabir Ahmed Sidhu on Wednesday said the...

Published 18 Jun, 2026 05:37am

Business & Finance

UoSC determination: KATI urges Nepra to ensure legal consistency

ISLAMABAD: The Korangi Association of Trade and Industry (KATI) has urged the National Electric Power Regulatory...

Published 18 Jun, 2026 05:37am

Pakistan

FGEHA holds meeting to review housing projects

ISLAMABAD: Federal Government Employees Housing Authority (FGEHA), under the chairmanship of Secretary of Ministry...

Published 18 Jun, 2026 05:37am

Markets

Oil rises 1pc on US-Iran deal doubts

NEW YORK: Oil prices gained nearly 1 percent on Wednesday after US President Donald Trump said the new ceasefire...

Published 18 Jun, 2026 05:37am

Pakistan

Heated exchanges disrupt NA budget proceedings

ISLAMABAD: A routine sitting of the National Assembly’s budget session on Wednesday descended into heated exchanges...

Published 18 Jun, 2026 05:37am

Pakistan

NA witnesses heated debate on federal budget

ISLAMABAD: The National Assembly witnessed a heated clash over Federal Budget 2026-27, with opposition calling it...

Published 18 Jun, 2026 05:37am

Pakistan

Disparity in allowance structure: APSECC seeks support of Bilawal, Aurangzeb for restoration

ISLAMABAD: The All Pakistan Secretariat Employees Coordination Council (APSECC) has sought support of Finance...

Published 18 Jun, 2026 05:37am

Pakistan

Punjab govt has completely sidelined agri sector in budget: PTI

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI) on Wednesday lashed out at the Punjab government over its...

Published 18 Jun, 2026 05:37am

Business & Finance

EIGHTEEN opens new Sales Centre

ISLAMABAD: EIGHTEEN on Wednesday inaugurated its new Sales Centre in New Blue Area, Islamabad, marking another...

Published 18 Jun, 2026 05:37am

Pakistan

Pakistan’s delegation arrives in Geneva

ISLAMABAD: Pakistan’s delegation led by Foreign Secretary Amna Baloch has arrived in Geneva along with senior...

Published 18 Jun, 2026 05:37am

BR Research

Current Account: Relief masks widening trade imbalances

As expected, the current account posted a surplus of USD459 million in May, a significant improvement of USD735...

Published 18 Jun, 2026 05:37am

BR Research

Power generation: RLNG returns, coal remains

May brought some much-needed relief to Pakistan’s power sector. After two months of severe RLNG shortages, widening...

Updated 18 Jun, 2026 08:02am

Business & Finance

11MFY26 foreign assistance surges 75.68pc YoY

ISLAMABAD: Foreign assistance inflows to the country surged to USD 12.106 billion during July 2025–May 2026,...

Published 18 Jun, 2026 05:37am

Business & Finance

JazzCash app: Govt of Pakistan Treasury Bills launched

ISLAMABAD: JazzCash and Mobilink Bank, in collaboration with the Ministry of Finance and the State Bank of Pakistan,...

Published 18 Jun, 2026 05:37am

Pakistan

Haroon rejects allegations of Vawda

ISLAMABAD: Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, along with the...

Published 18 Jun, 2026 05:37am

Pakistan

Pakistan to facilitate repatriation of 30 Iranians

ISLAMABAD: Pakistan has announced to facilitate the repatriation of 30 Iranian nationals, including eight Iranian...

Published 18 Jun, 2026 05:37am

World

US and Iran presidents sign ceasefire agreement, but Trump says he could still resume attacks

The memo had been signed digitally on Sunday by Vice President JD Vance and Iran's chief negotiator Mohammad Baqer Qalibaf

Updated 18 Jun, 2026 09:09am

World

Tehran says considering plan for Iran, US presidents to sign deal

So far, our plans for the Geneva meeting have not changed, ministry spokesman Esmaeil Baqaei

Published 18 Jun, 2026 12:16am

World

Trump says 'nobody' attacked Iran girls' school 'on purpose'

The strike on February 28, the first day of the conflict, killed more than 175 children and teachers

Updated 18 Jun, 2026 12:13am

Markets

Pakistan's REER index surges to 92-month peak of 106.15

Rebasing would help REER to give a fair currency value, a research house says

Published 17 Jun, 2026 10:32pm

Pakistan

Pakistan helped avert wider Iran-US conflict, security sources say

Pakistan’s civil and military leadership, working alongside key regional and international stakeholders, helped...

Published 17 Jun, 2026 09:50pm

World

Trump says he did not want to see economic catastrophe as he defends Iran deal

The war has sent energy prices up sharply, renewed inflationary pressures and sparked concerns about a major food supply crisis

Published 17 Jun, 2026 09:49pm

Sports

Gill, Kishan star as India thrash Afghanistan to clinch ODI series

India clinched the ODI series 2-0

Published 17 Jun, 2026 09:43pm

Pakistan

Pakistan to facilitate repatriation of 30 Iranian nationals: Dar

Pakistan, in a multi-nation effort with Iran, the US, and UK, is facilitating the repatriation of 30 Iranian nationals, including rescued fishermen and interdicted crew, through Karachi.

Published 17 Jun, 2026 09:20pm

Markets

Wall Street ticks up ahead of first Fed policy decision under Warsh

Dow Jones Industrial Average rose 77.71 points while S&P 500 gained 8.14 points

Published 17 Jun, 2026 08:29pm

Business & Finance

Balochistan unveils Rs1089 billion budget for FY 2026-27

Allocates Rs206 billion for development, Rs797 billion for non-development expenditures

Updated 17 Jun, 2026 11:23pm

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

Editorials

An impossible bargain

EDITORIAL: US President Donald Trump’s latest attempt to tie the normalisation of relations between Muslim-majority...

Updated 30 May, 2026 07:33am

Editorials

Slow death of a city of teeming millions

EDITORIAL: Karachi’s collapse into one of the world’s least liveable cities is no longer merely an urban planning...

Published 27 May, 2026 03:13am

Editorials

Arrogance of impunity

EDITORIAL: The shocking treatment of international humanitarian activists intercepted aboard the Gaza-bound flotilla...

Updated 27 May, 2026 04:19am

Editorials

Oil smuggling: a dangerous parallel market

EDITORIAL: The surge in Iranian oil smuggling into Pakistan during the ongoing Middle East conflict has exposed...

Updated 26 May, 2026 07:27am

Editorials

Quetta bombing: terrorism continues to pose a grave threat

EDITORIAL: The horrific suicide bombing near the Chaman railway crossing in Quetta on Sunday is yet another grim...

Updated 26 May, 2026 07:30am

Editorials

A new policy for the automobile sector

EDITORIAL: The government is coming up with the Automobile and Auto Parts Manufacturing Policy 2026–31. The New...

Updated 25 May, 2026 07:02am

Editorials

Tax collection: a system designed to fail

EDITORIAL: Clearly, Pakistan’s repeated failure to meet tax collection targets is not merely a fiscal problem; it...

Updated 25 May, 2026 08:03am

Editorials

Law, deterrence and mental health

EDITORIAL: The Federal Shariat Court’s decision to restore Section 325 of the Pakistan Penal Code reflects an...

Published 24 May, 2026 02:23am

Editorials

Relentless terror in KP

EDITORIAL: The renewed wave of terrorism in Khyber Pakhtunkhwa (KP) is a grim reminder that Pakistan’s security...

Published 24 May, 2026 02:23am

Editorials

Rebound in textile exports

EDITORIAL: Federal Bureau of Statistics (PBS) released provisional data that showed textile exports rebounding in...

Updated 23 May, 2026 06:26am

Editorials

A welcome award on Indus waters

EDITORIAL: Pakistan has expressed “utmost satisfaction” over the supplemental award by the Permanent Court of...

Published 23 May, 2026 05:43am

Currency	Rate
USD PKR Interbank Selling / Jun 17	278.47
USD PKR Interbank Buying / Jun 17	278.27
USD to Japanese Yen / Jun 17	160.61
USD to Swiss Franc / Jun 17	0.80
Pound Sterling to USD / Jun 17	1.33
Euro to USD / Jun 17	1.15
SOFR % / Jun 17	3.65

Stock	Volume
S&P 500 / Jun 17	7,420.10
India Sensex / Jun 17	77,155.62
Tokyo Nikkei / Jun 17	69,902.25
Nasdaq / Jun 17	26,021.66
Hang Seng / Jun 17	24,312.16
FTSE 100 / Jun 17	10,508.61
Dow Jones / Jun 17	51,492.55
Germany DAX 30 / Jun 17	24,934.67
France CAC40 / Jun 17	8,430.79

Item	Value
Crude Oil USD/Barrel / Jun 17	76.02
Karachi Cotton PKR/37.32 KG / Jun 17	19,780
Gold 10 Grams PKR / Jun 17	389,684
Gold Spot USD/Ounce / Jun 17	4,265.19
Cotton US¢/pound / Jun 17	79.79
Petrol/Litre / Jun 18	373.78
Diesel/Litre / Jun 18	378.78

Stock	Price
Ghani Chemworld Limited (R) / Jun 18 Ghani Chemworld Limited Right(GCWLR)	4.01 ▲ 1 (33.22%)
Din Tex. / Jun 18 Din Textile Mills Limited(DINT)	78.62 ▲ 7.15 (10%)
Pak Engineering / Jun 18 Pakistan Engineering Company Limited(PECO)	774.39 ▲ 70.4 (10%)
National Silk / Jun 18 The National Silk & Rayon Mills Limited(NSRM)	236 ▲ 21.36 (9.95%)
First Tri-Star Mod. / Jun 18 First Tri-Star Modaraba(FTSM)	27.80 ▲ 2.5 (9.88%)
Pak. P.V.C. / Jun 18 Pakistan PVC Limited(PPVC)	41.35 ▲ 3.29 (8.64%)
First AL-Noor Mod. / Jun 18 First Al-Noor Modaraba(FANM)	8.32 ▲ 0.62 (8.05%)
AKD Hospitality / Jun 18 AKD Hospitality Limited(AKDHL)	172.98 ▲ 12.69 (7.92%)
Paramount Spinning / Jun 18 Paramount Spinning Mills Limited(PASM)	8.45 ▲ 0.53 (6.69%)
United Brands / Jun 18 United Brands Limited(UBDL)	27.89 ▲ 1.7 (6.49%)

Stock	Price
Chenab Ltd (Pref) / Jun 18 Chenab Limited (Pref)(CLCPS)	3.62 ▼ -0.2 (-5.24%)
Premier Sugar / Jun 18 The Premier Sugar Mills(PMRS)	460 ▼ -21.56 (-4.48%)
Safe Mix Con.Lt / Jun 18 Safe Mix Concrete Limited(SMCPL)	43.53 ▼ -1.91 (-4.2%)
AL-Noor Sugar / Jun 18 Al-Noor Sugar Mills Limited(ALNRS)	123 ▼ -5.25 (-4.09%)
J.K.Spinning / Jun 18 J.K. Spinning Mills Limited(JKSM)	202 ▼ -8.5 (-4.04%)
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	45.26 ▼ -1.84 (-3.91%)
Shezan Inter. / Jun 18 Shezan International Limited(SHEZ)	242.50 ▼ -7.79 (-3.11%)
Arctic Textile / Jun 18 Arctic Textile Mills Limited(ARCTM)	39 ▼ -1.11 (-2.77%)
JS Rental REIT / Jun 18 JS Rental REIT(JSRR)	10.26 ▼ -0.26 (-2.47%)
Tri-Star Power / Jun 18 Tri-Star Power Limited(TSPL)	13.70 ▼ -0.34 (-2.42%)

Stock	Volume
Maple Leaf Cement / Jun 18 Maple Leaf Cement Factory Limited(MLCF)	6,811,231 ▲ 3.1
Kohinoor Spinning / Jun 18 Kohinoor Spinning Mills Limited(KOSM)	5,193,286 ▲ 0.12
Bunnys Limited / Jun 18 Bunnys Limited(BNL)	3,109,571 ▲ 0.18
Service Long March / Jun 18 Service Long March Tyres Limited(SLM)	2,958,710 ▼ -0.52
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	2,330,291 ▲ 0.01
Fauji Cement / Jun 18 Fauji Cement Company Limited(FCCL)	1,646,056 ▲ 0.83
Dewan Motors / Jun 18 Dewan Farooque Motors Limited(DFML)	1,604,799 ▲ 0.18
F. Nat.Equities / Jun 18 First National Equities Limited(FNEL)	1,604,273 ▲ 0.01
D.G.K.Cement / Jun 18 D.G. Khan Cement Company Limited(DGKC)	1,167,095 ▲ 1.88
B.O.Punjab / Jun 18 The Bank of Punjab(BOP)	911,812 ▲ 0.09

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