Latest - Business Recorder

Markets

Most Gulf markets in red as US-Iran negotiations show little headway

Saudi Arabia’s benchmark index eased 0.3%

Published 02 Jul, 2026 08:12pm

Markets

India bonds surge on Bloomberg index hopes, oil-led inflation relief

Benchmark 6.94% 2036 bond yield ended at 6.7180%

Published 02 Jul, 2026 08:03pm

Business & Finance

Chinese firm proposes investment in Pakistan's oil, refinery and offshore energy sectors

Company aims to collaborate in increasing domestic hydrocarbon production

Published 02 Jul, 2026 08:00pm

Markets

Wall St rises as softer jobs data calms rate-hike fears

Dow Jones Industrial Average rose 447.72 points

Published 02 Jul, 2026 07:54pm

Technology

Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cable

The network will span 3,600 km and have landing stations in Machilipatnam in the southern Indian state of Andhra Pradesh

Published 02 Jul, 2026 07:30pm

Markets

Asia rice: Indian rice rates edge up on production concerns

India’s 5% broken parboiled variety was quoted at $340-$345 per ton this week

Published 02 Jul, 2026 07:22pm

Sports

So far so perfect for De Minaur as he eyes deep Wimbledon run

The Australian fifth seed reaches seven quarter-finals at the majors but never goes any further

Published 02 Jul, 2026 07:19pm

Business & Finance

Jaguar Land Rover sales fall 15% amid supply crunch, Middle East unrest

The British luxury carmaker sold 79,300 units wholesale in the first quarter, a 9.2% decline from a year earlier

Published 02 Jul, 2026 07:12pm

Markets

Sri Lankan shares edge lower as losses outweigh healthcare gains

CSE All Share index settled down 0.1% at 22,221.91

Published 02 Jul, 2026 07:05pm

Markets

India's IIFL Finance eyes second dollar bond sale in under a month, bankers say

IIFL Finance raised $500 million through a sale of bonds maturing in three years and three months at a coupon of 7.60%

Published 02 Jul, 2026 07:01pm

World

Damascus cafe blast kills 5, wounds 16, Syrian state news agency says

A bomb is planted at the café, which is near the Palace of Justice in the centre of Syria's capital

Published 02 Jul, 2026 07:00pm

World

India's capital announces permanent anti-pollution curbs for toxic winter months

Authorities impose anti-pollution measures during this period under a graded action plan

Published 02 Jul, 2026 06:30pm

World

Iran warns US against interference in Strait of Hormuz

Any US interference in Hormuz would trigger 'decisive and rapid' response, Tehran says

Published 02 Jul, 2026 06:12pm

Pakistan

K-Solar, China’s Mingyang sign MoU to bring advanced wind energy and BESS solutions to Pakistan

K-Solar (Private) Limited, a wholly owned subsidiary of K-Electric’s investment arm KE Ventures Company (Pvt)...

Published 02 Jul, 2026 05:55pm

Business & Finance

India's Skyroot Aerospace readies country's first private orbital rocket launch

The Vikram-1, a seven-stories-tall, multi-stage launch vehicle, is designed to carry payloads of up to 350 kilograms into the low Earth orbit

Published 02 Jul, 2026 05:30pm

Business & Finance

India's SP Group floats fresh term sheet for debt fundraise, document shows

Eqyizen Investment is looking to raise 255 billion Indian rupees through the sale of three-year zero-coupon bonds

Published 02 Jul, 2026 05:03pm

Markets

India's June palm oil imports fall to 14-month low as demand softens, dealers say

Soyoil imports fell 23% month-on-month in June to 381,000 tons

Published 02 Jul, 2026 04:31pm

World

India, Japan sign pacts on AI, metals and energy after Modi-Takaichi talks

'Japan and India will leverage each other’s strengths to grow strong and prosperous together,' Takaichi tells

Published 02 Jul, 2026 04:28pm

Markets

Aluminium extends downside as Gulf output recovers, risk appetite withers

Benchmark three-month aluminium on the London Metal Exchange was down 0.8% at $3,053 a metric ton

Published 02 Jul, 2026 04:20pm

Markets

Palm falls more than 1% as higher output pressure rises and demand lags

Dalian’s most-active soyoil contract rose 0.21%

Published 02 Jul, 2026 04:16pm

Markets

Merchant, arbitrage flows extend Indian rupee's losing streak even as dollar slumps

The currency ended at 95.3925 against the dollar

Published 02 Jul, 2026 04:14pm

Markets

Indian shares outperform Asia as oil drops, IT rebounds

Nifty 50 rose 0.71% to 24,175.7, while the BSE Sensex climbed 0.75% to 77,502.12

Published 02 Jul, 2026 04:10pm

Markets

Rupee registers marginal gain against US dollar

Settles at 278.15

Published 02 Jul, 2026 04:07pm

World

India to send minister, governor to Ali Khamenei funeral

The funeral will begin in Tehran on July 4 and conclude with his burial in his hometown

Published 02 Jul, 2026 04:07pm

Business & Finance

SBP to discontinue Sohni Dharti Remittance Program

SBP will cease new reward points for the Sohni Dharti Remittance Program by July 2026, concluding a key incentive for foreign exchange inflows

Published 02 Jul, 2026 03:03pm

Business & Finance

SBP ends reimbursement scheme for remittance transfer fees

The State Bank of Pakistan (SBP) has discontinued a government-backed incentive scheme that reimbursed banks for...

Published 02 Jul, 2026 02:19pm

Pakistan

PM Shehbaz to embark on visit to Iran, Turkiye from tomorrow: FO

Pakistan, Turkiye to discuss expanding trade, investment cooperation

Updated 02 Jul, 2026 04:37pm

Life & Style

Taylor Swift and Travis Kelce’s wedding fascinates, flummoxes media

The couple have made no public statements about their plans and Reuters has not been able to confirm the timing or location of the wedding

Published 02 Jul, 2026 01:59pm

Life & Style

Canada will join Eurovision Song Contest in 2027

Russia has been excluded from Eurovision since its full-scale invasion of Ukraine in 2022

Published 02 Jul, 2026 01:55pm

Markets

Gold price per tola gains Rs9,100 in Pakistan

Price of silver increases by Rs203 to reach Rs6,445 per tola

Updated 02 Jul, 2026 07:09pm

Sports

PCB, Saudi cricket board sign deal to build international stadium in Jeddah

PCB to oversee development of modern cricket stadium

Published 02 Jul, 2026 01:41pm

Markets

Volvo Cars April to June sales volumes fall 5.6% year-on-year

Volvo Cars, majority-owned by China’s Geely ⁠Holding, said sales volumes of electrified models, including fully electric and plug-in hybrid cars

Published 02 Jul, 2026 01:22pm

Markets

US closes 2022 probe into 695,000 Tesla vehicles over unexpected braking

The investigation covered Model 3 and ⁠Model Y vehicles

Published 02 Jul, 2026 01:20pm

World

Senior Chinese lawmaker to attend Khamenei's funeral

Khamenei ⁠was killed on the first day of Israeli and US airstrikes against Iran on February 28

Published 02 Jul, 2026 01:09pm

Pakistan

Monsoon rains claim 15 lives across Pakistan: NDMA

Widespread windstorms, thundershowers expected until July 6

Updated 02 Jul, 2026 06:19pm

Pakistan

PIA inaugurates direct Lahore–Manchester flights

Increases its weekly services to five flights

Published 02 Jul, 2026 12:43pm

Markets

Wheat gains for third session on smaller US and Canada acreage estimates

The most-active wheat contract on the Chicago Board of Trade (CBOT) inched 0.13% higher to $6.00-3/4 a bushel

Published 02 Jul, 2026 12:33pm

World

Ukrainian military hits Russian oil refinery in Kstovo

According to preliminary data, a primary crude oil processing unit was hit, the General Staff said on Telegram

Published 02 Jul, 2026 12:29pm

World

Firefighters battle wildfire in southern France

France's weather office has said there could be another wave of extremely hot weather next week

Published 02 Jul, 2026 12:24pm

World

EU's Kallas to propose more sanctions against Russia

Kaja Kallas said on Thursday she would propose more sanctions against Russia

Published 02 Jul, 2026 12:17pm

Pakistan

‘Positive progress achieved on Islamabad MoU’ as Pakistan, Qatar mediate US-Iran talks

FO says parties have agreed to continue discussions over coming period

Published 02 Jul, 2026 12:15pm

World

French far right ponders life beyond Le Pen as appeal ruling looms

Even if the party has a plan B in Bardella, many lawmakers who joined under the leadership of Le Pen

Published 02 Jul, 2026 11:53am

Sports

Spain, Portugal eye World Cup last 16

Spain take on Austria in Los Angeles, where a win will keep them on course for a potential meeting with Portugal in the next round

Published 02 Jul, 2026 11:43am

Business & Finance

PTCL appoints Nadeem Khan as chief executive for 14 days

Nadeem Khan replaces Hatem Mohamed Bamatraf

Published 02 Jul, 2026 11:34am

Markets

Emirates Global Aluminium sees faster progress restoring Al Taweelah

Two employees were admitted to hospital but have since been discharged, the company said

Published 02 Jul, 2026 11:27am

Sports

Bosnia boss says players should be proud of World Cup journey

Bosnia and Herzegovina lost 2-0 to the co-hosts in the round of 32 in the San Francisco Bay Area in their first-ever World Cup knockout-round appearance

Published 02 Jul, 2026 11:14am

Markets

Thai baht/US dollar steady on Thursday

The baht was 0.03% higher at 33.33 versus the dollar, after trading in a range of 33.320 to 33.385

Published 02 Jul, 2026 11:09am

Markets

Aluminium edges up, supported by manufacturing strength

The most-traded aluminium contract on the Shanghai Futures Exchange added 0.09% to 22,505 yuan ($3,316.83) a ton

Published 02 Jul, 2026 11:08am

Markets

Indonesia rice prices rise for six months in a row despite record stocks

Bulog said the agency held 5.4 million metric tons by late June this year, compared to 3.25 million tons at the end of 2025, a 66% increase

Published 02 Jul, 2026 11:06am

Markets

JGB yields extend rise after weak 10-year bond auction

The benchmark 10-year JGB yield rose 4.5 basis points (bps) to 2.745%, its highest since May 22

Published 02 Jul, 2026 11:04am

Markets

Yuan holds steady against dollar as markets await US payrolls

The offshore yuan traded at 6.7895 yuan per dollar, up about 0.07% in Asian trade

Published 02 Jul, 2026 11:00am

Markets

Jordan tenders to buy 120,000 metric tons feed barley, traders say

Jordan has also issued a separate tender to buy 120,000 tons of milling wheat closing on July 7

Published 02 Jul, 2026 10:59am

Markets

Vietnam H1 coffee exports up 9.7% yr/yr to 1.1 million T, government says

Export revenue over the period fell 14.4% to $4.78 billion, the government said

Published 02 Jul, 2026 10:57am

Markets

Australia, NZ dollars caught in countdown to US jobs test

A break of $0.6866 would risk a test of the March trough at $0.6834

Published 02 Jul, 2026 10:56am

Markets

SNB sees Swiss banks well placed to face challenges, UBS well capitalised

Following the 2023 collapse of Credit Suisse, which was subsequently acquired by its rival UBS

Published 02 Jul, 2026 10:54am

Markets

Palm muted as higher output pressure rises and demand lags

palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange fell 10 ringgit, or 0.22%, to 4,547 ringgit ($1,113.91) a metric ton

Published 02 Jul, 2026 10:53am

Markets

China stocks retreat as chipmakers tumble from record highs; Hong Kong rebounds

The Shanghai Composite Index lost 0.9%

Published 02 Jul, 2026 10:52am

Markets

India bonds may drift amid overseas buying, profit-taking

The benchmark 6.94% 2036 bond yield is expected to trade between 6.72% and 6.78%

Published 02 Jul, 2026 10:50am

Markets

CBOT corn edges higher on bargain-buying, bullish US stocks data

Wheat gained as smaller-than-expected acreage estimates for the United States and Canada supported prices

Published 02 Jul, 2026 10:49am

Markets

Japan's Nikkei falls as AI-related shares track US peers lower

The Nikkei was down 0.99% at 69,779.01

Published 02 Jul, 2026 10:45am

Markets

South Korea stocks tumble over 6% as tech jitters return

The benchmark KOSPI was down 519.03 points, or 6.25%, at 7,784.38

Published 02 Jul, 2026 10:44am

Markets

Australian shares extend losses; Northern Star soars after naming new CEO

The S&P/ASX 200 index fell 0.5% to 8,676.70

Published 02 Jul, 2026 10:42am

Sports

Andreeva out, Gauff hangs on, Sinner and Sabalenka ease into round three

The Serbian veteran, bidding for an eighth Wimbledon crown at the age of 39, was superb in a 6-3 6-4 6-2 win

Published 02 Jul, 2026 10:19am

Sports

Balogun goes from hero to suspended spectator as US advance

For a few anxious moments, the red card threatened to overwhelm everything Balogun had done well

Published 02 Jul, 2026 10:11am

Perspectives

Policy needs economic coherence: a case of Pakistan’s tobacco taxation

Pakistan’s Federal Budget 2026–27 has once again brought the country’s tobacco taxation framework into focus. At a...

Published 02 Jul, 2026 10:00am

Markets

Despite volatility at PSX, KSE-100 settles with nearly 500-point gain

Benchmark index settles at 184,520.96

Updated 02 Jul, 2026 06:28pm

Markets

US in talks with AI companies for voluntary model standards, FT reports

Both OpenAI and Anthropic are preparing for IPOs

Published 02 Jul, 2026 08:21am

Markets

SK Hynix to build $51 billion NAND memory chip factory by 2029

The chipmaker also plans to spend another 20 trillion won to ⁠build a new chip packaging factory in Cheongju by late ⁠2027

Published 02 Jul, 2026 08:17am

World

Russian air strikes kill 10, injure more than 50 in Ukraine's Kyiv

This number includes drones shot down over Russian-occupied parts of Ukraine

Updated 02 Jul, 2026 12:37pm

Sports

Djoker Djokovic scares ball girl, then eyes McIlroy's Green Jacket

Imagining she had injured the Serbian great in front of a global audience of millions, the shocked girl took a step back clutching her chest

Published 02 Jul, 2026 08:08am

Sports

England-India T20 abandoned because of rain

India, who again chose to delay a debut for their 15-year-old batter Vaibhav Sooryavanshi, had fought back well from a terrible start

Published 02 Jul, 2026 08:04am

Markets

Indian rupee slide poised for fleeting reprieve after oil rout extends

The Indian rupee is expected to open in the 95.14-94.18 range, per traders, after settling at 95.2475 on Wednesday

Published 02 Jul, 2026 08:01am

Sports

Belgium stage stunning comeback to sink Senegal in extra time

Lukaku looked set to take the penalty but at the last minute handed the ball to captain Tielemans

Published 02 Jul, 2026 07:56am

Sports

Kane double rescues England in comeback win over DR Congo

'First shot, first goal. Then, it became even more difficult,' England manager Thomas Tuchel said

Published 02 Jul, 2026 07:52am

Markets

Asian shares fall as chipmakers drag; US jobs data looms

On Thursday, MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.8%, while Japan’s Nikkei also dropped 1.1%, adding to losses from the first day of the quarter

Published 02 Jul, 2026 07:44am

Markets

Dollar steady as focus turns to US payrolls, yen intervention jitters persist

The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, eased 0.02% to 101.38

Updated 02 Jul, 2026 11:22am

Markets

Indian shares set for positive start as oil prices drop on US-Iran talks

GIFT Nifty futures were at 24,173.5

Published 02 Jul, 2026 07:35am

Markets

Gold extends gains on weak jobs data, lower oil prices

Spot ‌gold rose 0.8% to $4,063.56 per ounce

Updated 02 Jul, 2026 11:23am

Markets

Oil falls for a third straight day after US, Iran conclude talks in Doha

Brent futures were $1.24 or 1.73% lower at $70.33 a barrel

Updated 02 Jul, 2026 06:21pm

Pakistan

Murad launches three key digital transformation initiatives

KARACHI: Sindh Chief Minister Syed Murad Ali Shah led three landmark initiatives aimed at accelerating the...

Published 02 Jul, 2026 07:23am

Business & Finance

Mian Zahid urges a permanent mechanism to boost Pak-Iran trade

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

Published 02 Jul, 2026 07:19am

Business & Finance

Mechanization key to boost agri productivity: AGTL CEO

LAHORE: Greater agricultural mechanization is essential to improving farm productivity, increasing crop yields and...

Published 02 Jul, 2026 07:18am

Business & Finance

Kaukab concerned over issues facing consumers

KARACHI: Chairman Consumers Association of Pakistan (CAP) Kaukab Iqbal has expressed serious concern over increasing...

Published 02 Jul, 2026 07:10am

Pakistan

Islamabad LG elections: ECP to approach PM office for notification

ISLAMABAD: The Election Commission of Pakistan (ECP) has decided to approach the office of Prime Minister Shehbaz...

Published 02 Jul, 2026 07:08am

Business & Finance

DTL scheme: REAP greets 90-day extension

KARACHI: Former Chairman of the Rice Exporters Association of Pakistan (REAP), Rafiq Suleman, has welcomed the...

Published 02 Jul, 2026 07:06am

Business & Finance

Customs achieves Rs467bn revenue in June

ISLAMABAD: Pakistan Customs has demonstrated exceptional performance in revenue collection for the month of June...

Published 02 Jul, 2026 06:59am

Business & Finance

China’s 15th Five-Year Plan, Uraan Pakistan initiative: China ready to work to implement consensus: envoy

ISLAMABAD: Chinese Ambassador to Pakistan, Jiang Zaidong has said that China stands ready to work with Pakistan to...

Published 02 Jul, 2026 06:56am

Pakistan

Action against terrorist infrastructure in Afghanistan: Pakistan rejects Indian ministry’s statement

ISLAMABAD: Pakistan on Wednesday rejected the ‘outrageous’ statement made by the Indian Ministry of External Affairs...

Published 02 Jul, 2026 06:55am

Business & Finance

FY 2025-26: SRB records highest-ever collection of Rs370.064bn

KARACHI: Sindh Revenue Board (SRB) has recorded its highest-ever annual revenue collection of Rs370.064 billion in...

Published 02 Jul, 2026 06:51am

Business & Finance

World Bank clears USD70m for ‘Connected Punjab Programme’

ISLAMABAD: The World Bank’s Board of Executive Directors approved USD 70 million for the Connected Punjab Programme...

Published 02 Jul, 2026 06:49am

Pakistan

Daanish schools: PM directs authorities to expedite work

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed the authorities to expedite work on Daanish Schools...

Published 02 Jul, 2026 06:48am

Pakistan

SC directs courts to protect women’s inheritance rights

ISLAMABAD: The Supreme Court of Pakistan ruled that all courts and revenue authorities dealing with inheritance...

Published 02 Jul, 2026 06:44am

Business & Finance

New values on import of optical frames, sunglasses fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of optical...

Published 02 Jul, 2026 06:40am

Markets

PPL JV secures development lease for Adhi Field

KARACHI: Pakistan Petroleum Limited (PPL) on Wednesday announced that the relevant regulatory authority has granted...

Published 02 Jul, 2026 06:32am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (July 01, 2026) and the forecast for Thursday (July 02 2026)...

Published 02 Jul, 2026 05:45am

Business & Finance

LCCI praises FBR on achieving revenue target

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has congratulated the Federal Board of Revenue (FBR) on...

Published 02 Jul, 2026 05:45am

Pakistan

Bodies demand withdrawal of eviction notices to Sahiwal farmers

LAHORE: More than 50 organisations representing farmers, workers, women, youth, civil society and human rights...

Published 02 Jul, 2026 05:45am

Pakistan

Precautionary measures

LAHORE: The Pakistan Airports Authority (PAA) has introduced precautionary operational measures at Allama Iqbal...

Published 02 Jul, 2026 05:45am

Business & Finance

Punjab CM, speaker discuss governance, budget

LAHORE: Punjab Assembly Speaker Malik Muhammad Ahmad Khan called on Punjab Chief Minister Maryam Nawaz Sharif on...

Published 02 Jul, 2026 05:45am

Pakistan

Punjab CM describes distribution of Kissan Card on large scale as agri transformation

LAHORE: Punjab Chief Minister Maryam Nawaz on Wednesday said the province was witnessing a major agricultural...

Published 02 Jul, 2026 05:45am

Editorials

FBR: Barely exceeding twice-reduced target

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

Published 02 Jul, 2026 05:45am

Editorials

No refuge for terror

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

Published 02 Jul, 2026 05:45am

Editorials

The local govt void

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

Published 01 Jul, 2026 05:57am

Editorials

Rights of way, rights at risk

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

Published 01 Jul, 2026 05:57am

Editorials

The ‘missing’ economic update, outlook

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

Updated 30 Jun, 2026 06:25am

Editorials

Treaties, when convenient

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

Updated 30 Jun, 2026 06:26am

Editorials

The cost of administered pricing

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

Published 29 Jun, 2026 02:36am

Editorials

Waste-to-energy projects: better late than never

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

Updated 30 Jun, 2026 04:23pm

Editorials

The cost of impunity

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

Published 28 Jun, 2026 05:03am

Editorials

The anaemia challenge

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

Published 28 Jun, 2026 05:03am

Editorials

HIV: Time to act

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

Updated 26 Jun, 2026 06:20am

Editorials

Women’s inheritance rights

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

Updated 26 Jun, 2026 06:23am

Editorials

Finance Act 2026

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

Updated 25 Jun, 2026 06:53am

Editorials

Borrowing prosperity

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

Updated 25 Jun, 2026 06:54am

Editorials

Population ‘bomb’

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

Published 24 Jun, 2026 05:52am

Editorials

Open for exits

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

Published 24 Jun, 2026 05:52am

Editorials

KP Budget

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

Published 23 Jun, 2026 05:27am

Editorials

Balochistan Budget

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

Published 23 Jun, 2026 05:27am

Editorials

NFC Award: a system under strain

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

Updated 22 Jun, 2026 08:43am

Editorials

Policing and the inviolability of the home

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

Updated 22 Jun, 2026 08:43am

Editorials

A crisis decades in the making

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

Published 21 Jun, 2026 02:30am

Editorials

A preventable tragedy

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

Published 21 Jun, 2026 02:30am

Editorials

US-Iran breakthrough

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

Updated 20 Jun, 2026 05:39am

Editorials

Health spending: the cost of neglect

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

Updated 20 Jun, 2026 05:42am

Editorials

Why the secrecy

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

Published 20 Jun, 2026 04:57am

Editorials

Sindh Budget

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

Updated 19 Jun, 2026 02:56pm

Editorials

Pakistan’s savings crisis

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

Updated 19 Jun, 2026 06:24am

Editorials

Punjab Budget

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

Published 18 Jun, 2026 05:37am

Editorials

Beyond symbolic sanctions

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

Updated 18 Jun, 2026 05:59am

Editorials

Maintaining the policy rate

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

Published 17 Jun, 2026 05:36am

Editorials

From oil shock to hunger crisis

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

Published 17 Jun, 2026 05:36am

Editorials

Fiscal fault lines could test budget outlook

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

Published 16 Jun, 2026 04:12am

Editorials

A nation failing its children

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

Published 16 Jun, 2026 04:12am

Editorials

Policy contradictions stall progress

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

Published 15 Jun, 2026 02:32am

Editorials

The price of delay

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

Published 15 Jun, 2026 02:32am

Editorials

Too important to trust locally?

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

Published 14 Jun, 2026 05:20am

Editorials

Forest fires: A growing environmental emergency

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

Updated 14 Jun, 2026 07:00am

Editorials

The Budget

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

Updated 13 Jun, 2026 06:44am

Editorials

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

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

Published 12 Jun, 2026 06:08am

Editorials

Breaking the cycle of acid attacks

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

Published 12 Jun, 2026 06:08am

Editorials

The high cost of easy revenues

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

Published 11 Jun, 2026 05:06am

Editorials

Budget: getting close to plugging the gap

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

Updated 11 Jun, 2026 06:52am

Editorials

Budget delayed, budget denied?

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

Published 10 Jun, 2026 05:53am

Editorials

A fragile truce

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

Published 10 Jun, 2026 05:53am

Editorials

Taxing traders: a political test

EDITORIAL: The announcement last week of the Fixed Tax Asaan Scheme for small traders and shopkeepers is the latest...

Published 09 Jun, 2026 04:58am

Editorials

A long-overdue harvest of common sense

EDITORIAL: Pakistan’s decision to adopt a National Agricultural Biotechnology Policy comes after years of declining...

Published 09 Jun, 2026 04:58am

Editorials

Budget 26-27: Stabilisation fatigue is now setting in

EDITORIAL: Balancing the budget is becoming increasingly difficult. Despite imposing exorbitant taxes on the formal...

Updated 08 Jun, 2026 08:02am

Editorials

CPEC outcome

EDITORIAL: Federal Minister for Power, Sardar Awais Khan Leghari, during a press conference on Sunday, acknowledged...

Published 08 Jun, 2026 02:29am

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

Currency	Rate
USD PKR Interbank Selling / Jun 30	278.36
USD PKR Interbank Buying / Jun 30	278.16
USD to Japanese Yen / Jul 2	162.43
USD to Swiss Franc / Jul 2	0.81
Pound Sterling to USD / Jul 2	1.33
Euro to USD / Jul 2	1.14
SOFR % / Jul 1	3.62

Stock	Volume
S&P 500 / Jul 1	7,483.23
Nasdaq / Jul 1	26,040.03
Dow Jones / Jul 1	52,305.24
India Sensex / Jul 2	77,230.95
Tokyo Nikkei / Jul 2	69,591.75
Hang Seng / Jul 2	23,031.90
FTSE 100 / Jul 2	10,492.42
Germany DAX 30 / Jul 2	25,048.62
France CAC40 / Jul 2	8,371.51

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 1	17,780
Gold 10 Grams PKR / Jul 1	359,770
Petrol/Litre / Jul 2	299.50
Crude Oil USD/Barrel / Jul 2	67.89
Gold Spot USD/Ounce / Jul 2	4,061.83
Diesel/Litre / Jul 2	311.47
Cotton US¢/pound / Jul 2	77.48

Stock	Price
Paramount Mod / Jul 2 First Paramount Modaraba(FPRM)	15.48 ▲ 1.41 (10.02%)
First Fid. Leasing / Jul 2 First Fidelity Leasing Modaraba(FFLM)	26.70 ▲ 2.43 (10.01%)
Rupali polyester / Jul 2 Rupali Polyester Limited(RUPL)	31.54 ▲ 2.87 (10.01%)
S.G.Power / Jul 2 S.G. Power Limited(SGPL)	96.97 ▲ 8.82 (10.01%)
AN Textile Mills / Jul 2 AN Textile Mills Limited(ANTM)	41.21 ▲ 3.75 (10.01%)
Asim Textile / Jul 2 Asim Textile Mills Limited(ASTM)	28.27 ▲ 2.57 (10%)
Chashma / Jul 2 Chashma Sugar Mills Limited(CHAS)	146.45 ▲ 13.31 (10%)
Dewan Farooque Sp. / Jul 2 Dewan Farooque Spinning Mills Limited(DFSM)	27.16 ▲ 2.47 (10%)
Fateh Ind. / Jul 2 Fateh Industries Limited(FIL)	266.46 ▲ 24.22 (10%)
Frontier Ceramics / Jul 2 Frontier Ceramics Limited(FRCL)	95.17 ▲ 8.65 (10%)

Stock	Price
Tri-Pack Films / Jul 2 Tri-Pack Films Limited(TRIPF)	152.49 ▼ -16.21 (-9.61%)
Asia Ins. / Jul 2 Asia Insurance Company Limited(ASIC)	34.10 ▼ -3.58 (-9.5%)
J.A.Textile / Jul 2 J.A. Textile Mills Limited(JATM)	40.48 ▼ -4.14 (-9.28%)
Bawany Air Products / Jul 2 Bawany Air Products Limited(BAPL)	33.84 ▼ -3.27 (-8.81%)
Husein Industries / Jul 2 Husein Industries Limited(HUSI)	56.44 ▼ -5.4 (-8.73%)
Blue-Ex Ltd / Jul 2 Blue-Ex Limited(BLUEX)	8.52 ▼ -0.64 (-6.99%)
J.K.Spinning / Jul 2 J.K. Spinning Mills Limited(JKSM)	202.31 ▼ -13.95 (-6.45%)
Masood Textile / Jul 2 Masood Textile Mills Limited(MSOT)	109.91 ▼ -7.08 (-6.05%)
Premier Sugar / Jul 2 The Premier Sugar Mills(PMRS)	715.07 ▼ -39 (-5.17%)
ICC Industries / Jul 2 ICC Industries Limited(ICCI)	13.68 ▼ -0.72 (-5%)

Stock	Volume
TPL Properties / Jul 2 TPL Properties Limited(TPLP)	84,688,111 ▲ 0.51
B.O.Punjab / Jul 2 The Bank of Punjab(BOP)	59,305,943 ▲ 0.46
Cnergyico PK / Jul 2 Cnergyico PK Limited(CNERGY)	40,052,059 ▲ 0.18
Blue-Ex Ltd / Jul 2 Blue-Ex Limited(BLUEX)	36,072,347 ▼ -0.64
TPL REIT Fund I / Jul 2 TPL REIT Fund I(TPLRF1)	31,255,007 ▲ 0.11
TPL Corp Ltd / Jul 2 TPL Corp Limited(TPL)	30,380,645 ▲ 1.2
WorldCall Telecom / Jul 2 Worldcall Telecom Limited(WTL)	29,515,535 ▼ -0.01
Beco Steel Ltd / Jul 2 Beco Steel Limited(BECO)	25,810,023 ▲ 0.34
K-Electric Ltd. / Jul 2 K-Electric Limited(KEL)	21,978,001 ▼ -0.04
Maple Leaf Cement / Jul 2 Maple Leaf Cement Factory Limited(MLCF)	20,406,901 ▲ 0.86

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