Latest - Business Recorder

FBR to nominate trade representatives at RTOs

KARACHI: The Federal Board of Revenue (FBR) has agreed to nominate two representatives of traders’ associations at...

Published 04 Jul, 2026 02:29am

World

‘Vanishingly rare’ copy of US Declaration of Independence unearthed in UK archives

LONDON: A “vanishingly rare” copy of the Declaration of Independence has been found in London, dug up in archives...

Published 04 Jul, 2026 02:29am

Pakistan

Forty killed as bus falls into ditch in Balochistan

DANA SAR: At least 40 people were killed and eight others injured after a passenger bus travelling from Quetta to...

Published 04 Jul, 2026 02:29am

World

Trump ‘peace prize’: European MEPs urge FIFA to probe Infantino

LAUSANNE: Fifty members of the European Parliament have urged FIFA’s ethics committee to investigate their president...

Published 04 Jul, 2026 02:29am

World

June heat topped 35°C for two-thirds of Europe population

PARIS: More than two-thirds of Europeans experienced temperature over 35°C during a June 15-30 heatwave, according...

Published 04 Jul, 2026 02:29am

Pakistan

PM arrives in Istanbul

ISTANBUL: Prime Minister Shehbaz Sharif arrived in Istanbul on Friday on a bilateral visit to Türkiye at the...

Published 04 Jul, 2026 02:29am

World

India approves buying USD5.46bn in military equipment

NEW DELHI: India approved on Friday the purchase of a range of military equipment for its defence forces worth $5.46...

Published 04 Jul, 2026 02:29am

World

Xi taps new military anti-graft chief, promotes two generals

BEIJING: China’s President Xi Jinping promoted two military officers to the rank of general on Friday while tapping...

Published 04 Jul, 2026 02:29am

SBP optimistic about growth prospects

Pakistan’s economy has grown by around 3.7 percent in FY26

Published 04 Jul, 2026 02:29am

PM, CDF pay respects to Ali Khamenei

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday paid glowing tribute to the late Iranian Supreme Leader Ayatollah...

Published 04 Jul, 2026 02:29am

Industrial electricity tariffs: PTEA demands rectification

ISLAMABAD: Khurram Mukhtar, Patron in Chief of the Pakistan Textile Exporters Association (PTEA), and Chairman...

Published 04 Jul, 2026 02:29am

Diamer-Bhasha Dam project: Rs25.744m irregular expenditure identified

ISLAMABAD: Audit authorities have identified irregular expenditure of Rs 25.744 million in the Diamer Bhasha Dam...

Published 04 Jul, 2026 02:29am

FBR to come down hard on ‘recalcitrant’ spinning units

ISLAMABAD: The Federal Board of Revenue (FBR) has issued notices to 421 “non-compliant” textile spinning units that...

Published 04 Jul, 2026 02:29am

ADB proposes regional TA programme

ISLAMABAD: The Asian Development Bank (ADB) has proposed a regional technical assistance (TA) programme to...

Published 04 Jul, 2026 02:29am

Aurangzeb tells Faisalabad businessmen: Digital tax reforms a must to boost revenue

FAISALABAD: A fully digitalised taxation system is imperative to eliminate leakages in addition to enhancing...

Published 04 Jul, 2026 02:29am

NA panel told: Exports to suffer if domestic industry stays ignored

ISLAMABAD: The Ministry of Commerce (MoC) informed the National Assembly Standing Committee on Commerce on Friday...

Published 04 Jul, 2026 02:29am

Business & Finance

Petrol, HSD prices slashed by Rs1.97

ISLAMABAD: The federal government on Friday announced reduction in petrol and diesel prices by Rs1.97 per litre...

Published 04 Jul, 2026 02:29am

Business & Finance

SPI falls by nearly 1pc WoW

ISLAMABAD: The weekly inflation based on the Sensitive Price Index (SPI) has recorded a decline of nearly one...

Published 04 Jul, 2026 02:29am

World

Iran leaders pay last respects to Ali Khamenei

DUBAI: The body of Ayatollah Ali Khamenei lay in state in a vast hall in Tehran on Friday as clerics, officials,...

Published 04 Jul, 2026 02:29am

Pakistan

FBR excludes agri income from tax expenditure purview

ISLAMABAD: The Federal Board of Revenue (FBR) has excluded agricultural income, which falls outside the scope of...

Published 04 Jul, 2026 02:29am

Pakistan

NHA sees Rs60bn budget cut under austerity measures

ISLAMABAD: Around Rs60 billion allocated to the National Highway Authority (NHA) was cut from the federal budget...

Published 04 Jul, 2026 02:29am

Pakistan

The Weather

KARACHI: The weather report on Friday (July 03, 2026) and the forecast for Saturday (July 04 2026)....

Published 04 Jul, 2026 02:29am

Pakistan

KATI urges passing benefits of lower oil prices to public

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has expressed...

Published 04 Jul, 2026 02:29am

Editorials

The missing accountability after the audit

EDITORIAL: Every few weeks, another audit report exposes billions of rupees in irregularities somewhere within...

Published 04 Jul, 2026 02:29am

Editorials

The perils of diluting constitutional safeguards

EDITORIAL: The recent judgment by a five-member Supreme Court bench on the admissibility of forensic experts’...

Published 04 Jul, 2026 02:29am

Pakistan

Silicon Village CEO, foreign team explore investment scope

ISLAMABAD: Federal Minister for Investment, Qaiser Ahmed Sheikh, held a high-level meeting with a delegation...

Published 04 Jul, 2026 02:29am

Pakistan

Senate body briefed about NEV policy

ISLAMABAD: The Senate Standing Committee on Industries and Production met here on Friday with Khalida Ateeb in the...

Published 04 Jul, 2026 02:29am

Pakistan

‘Banned JAAC is advancing Indian agenda’

ISLAMABAD: A high-level Pakistani security official on Friday accused India of pursuing a strategy of regional...

Published 04 Jul, 2026 02:29am

Pakistan

TDAP holds seminar

ISLAMABAD: The Trade Development Authority of Pakistan (TDAP), Women Entrepreneur Division, in collaboration with...

Published 04 Jul, 2026 02:29am

Pakistan

Finance Act 2026: MAP holds high-level post-budget seminar

KARACHI: The Management Association of Pakistan (MAP) successfully organized a high-level Post-Budget Seminar on the...

Published 04 Jul, 2026 02:29am

Pakistan

PAMA urges PM to resolve dispute over new tariff structure

KARACHI: Pakistan Automotive Manufacturers Association (PAMA) has written to Prime Minister Shehbaz Sharif, seeking...

Published 04 Jul, 2026 02:29am

Pakistan

Sharjeel, Noon discuss AJK and other matters

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

Published 04 Jul, 2026 02:29am

Pakistan

Lahore roof collapse tragedy: CM visits families, gives away compensation cheques

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Friday visited Kahna to share the grief of families who lost...

Published 04 Jul, 2026 02:29am

Pakistan

CM orders prison reforms, completion of new jails

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Friday directed the authorities to transform prison cells into...

Published 04 Jul, 2026 02:29am

Pakistan

Tanveer concerned at alarming surge in trade deficit

LAHORE: Patron-in-Chief of the United Business Group (UBG), S M Tanveer has expressed deep concern over the alarming...

Published 04 Jul, 2026 02:29am

Business & Finance

Cement sector ends FY26 on positive note

LAHORE: Pakistan’s cement sector ended fiscal year 2025-26 on a positive note as robust domestic demand lifted...

Published 04 Jul, 2026 02:29am

Pakistan

480 killed in road traffic accidents this year : JI

KARACHI: Karachi Jamaat-e-Islami chief Monem Zafar has expressed grave concern over the rising number of traffic...

Published 04 Jul, 2026 02:29am

Pakistan

Aleema submits replies to ATC

RAWALPINDI: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s sister Aleema Khan on Friday submitted the...

Published 04 Jul, 2026 02:29am

Pakistan

IHC suspends NHA’s additional toll surcharge decision

ISLAMABAD: The Islamabad High Court (IHC) has suspended the National Highway Authority’s (NHA’s) decision to impose...

Published 04 Jul, 2026 02:29am

Pakistan

FY26 KPRA STS collection posts 20pc growth YoY

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) registered a 20 percent growth in Sales Tax on Services (STS)...

Published 04 Jul, 2026 02:29am

Pakistan

SECP, PSX hold webinar to promote transparency

KARACHI: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Pakistan Stock...

Published 04 Jul, 2026 02:29am

Pakistan

FPCCI concerned at growing trade deficit

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 04 Jul, 2026 02:29am

Pakistan

Ending deprivation of AJK people top priority: Aleem

ISLAMABAD: President of the Istehkam-e-Pakistan Party (IPP) and Federal Minister for Communications Abdul Aleem Khan...

Published 04 Jul, 2026 02:29am

Pakistan

Pak-Qatar Family Takaful honoured with global recognition

KARACHI: Pak-Qatar Family Takaful Limited has been awarded with global accolade at the 14th International Takaful...

Published 04 Jul, 2026 02:29am

Pakistan

ERC reviews early warning systems, monsoon preparedness

ISLAMABAD: The Emergency Response Committee (ERC) constituted on the directives of the Prime Minister met here on...

Published 04 Jul, 2026 02:29am

Pakistan

Customs steps up anti-smuggling drive

ISLAMABAD: The Collectorate of Customs Enforcement, Islamabad, has stepped up its anti-smuggling campaign through...

Published 04 Jul, 2026 02:29am

Pakistan

IMCG Tarlai concludes Summer School & Fiesta 2026

ISLAMABAD: Islamabad Model College for Girls (IMCG) Tarlai, one of the Federal Directorate of Education’s (FDE)...

Published 04 Jul, 2026 02:29am

Pakistan

Action ordered against transporting construction debris to landfill sites

KARACHI: Managing Director of the Sindh Solid Waste Management Board (SSWMB), Tariq Ali Nizamani, has ordered strict...

Published 04 Jul, 2026 02:29am

Pakistan

DC takes notice of rising flour prices

HYDERABAD: Taking notice of the rising flour prices following an increase in wheat prices in the open market, Deputy...

Published 04 Jul, 2026 02:29am

Pakistan

HEC Commission deliberates on wide range of policy matters

ISLAMABAD: The 47th meeting of the Commission, the apex governing body of the Higher Education Commission (HEC), was...

Published 04 Jul, 2026 02:29am

Pakistan

Immediate evacuation of dilapidated buildings ordered

KARACHI: In a decisive move to avert potential loss of life, the Karachi administration has ordered immediate...

Published 04 Jul, 2026 02:29am

Pakistan

KP govt earmarks Rs500m under Khushhal Hazara Package: Afridi

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Muhammad Sohail Afridi has said that tourism promotion remains a...

Published 04 Jul, 2026 02:29am

Pakistan

LCCI stresses investment in youth skills to boost employment

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI), in collaboration with the National Vocational and...

Published 04 Jul, 2026 02:29am

Pakistan

Multi-billion-rupee project to overhaul firefighting services

KARACHI: Under the directives of President Asif Ali Zardari, a multi-billion-rupee project has been launched to...

Published 04 Jul, 2026 02:29am

Pakistan

Punjab, Uzbekistan expand livestock cooperation

LAHORE: Punjab and Uzbekistan have agreed to strengthen bilateral cooperation in livestock, trade, investment,...

Published 04 Jul, 2026 02:29am

Unsafe syringes: PM for strictest action against manufacture

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday ordered an outright nationwide ban on the manufacture and use of...

Published 04 Jul, 2026 02:29am

Internet restored across country, submarine cable fixed

ISLAMABAD: The technical fault in the international SMW-5 submarine cable has been fixed, restoring internet speed...

Published 04 Jul, 2026 02:29am

Business & Finance

Govt cuts petrol, diesel prices by Rs1.97 per litre each

New prices come into effect from midnight

Updated 04 Jul, 2026 01:03am

World

Yemen's Houthis threaten Saudi targets over Iran flight to Sanaa

Houthis warn they would target 'Saudi airports and vital interests on land and sea'

Published 03 Jul, 2026 11:01pm

World

CMA CGM ship hit by missile in Hormuz strait may go for scrapping, CEO says

Attack on CMA CGM San Antonio injured several members of the crew, who were evacuated.

Published 03 Jul, 2026 10:50pm

Pakistan

PM Shehbaz arrives in Istanbul on bilateral visit to strengthen Pakistan-Türkiye ties

Deputy PM Ishaq Dar and Information Minister Attaullah Tarar is accompanying the premier

Published 03 Jul, 2026 10:03pm

Markets

Indian shares log weekly gains on easing oil, US rate-hike worries

Benchmark Sensex gained 0.34% to 77,763.91 on Friday, while the Nifty 50 rose 0.39% to 24,270.85

Published 03 Jul, 2026 09:01pm

Markets

India's IIFL Finance raises $300 million via social debt issue, bankers say

The non-banking finance company will offer a yield of 7.75% to investors, slightly below the initial price guidance at about 7.85%

Published 03 Jul, 2026 08:30pm

Markets

Five charts that explain the energy world right now

China seems to have taken the concept to heart, especially when it comes to energy production and the power needed to run its massive economy

Published 03 Jul, 2026 08:29pm

World

India's Modi to visit Indonesia, Australia and New Zealand next week

Modi is also expected to meet leaders from top Australian companies

Published 03 Jul, 2026 08:15pm

Markets

India coal-fired power output in June rises to highest since November 2023

Coal-fired power generation rose about 14% year-on-year to 120.20 billion kWh in June

Published 03 Jul, 2026 08:05pm

World

How does the Iran crisis compare with the 1979 oil shock?

The scale of the disruption from the U.S.-Israeli war on Iran has revived comparisons with the 1973 Arab oil embargo

Published 03 Jul, 2026 08:02pm

Business & Finance

India allows four Chinese-linked power equipment firms to bid for government projects

India examines broader relaxations for Chinese bidders in government contracts as border tensions ease

Published 03 Jul, 2026 08:02pm

Life & Style

Madonna releases 15th studio album 'Confessions II'

The singer reunites with Stuart Price, the co-producer and co-writer of its predecessor, for the 16-track dance-pop album

Published 03 Jul, 2026 07:54pm

Markets

TSX climbs 1% as miners gain, US rate-hike bets ease

Toronto Stock Exchange’s S&P/TSX composite index was up 1% at 35,333.96 points

Published 03 Jul, 2026 07:49pm

Markets

Robusta coffee heads for fourth week of gains on supply worries

Robusta coffee fell 1.4% to $3,731 a metric ton

Published 03 Jul, 2026 07:32pm

Markets

India's ICICI Bank to join peers in dollar debt funding under RBI swap window, sources say

The lender is expected to raise at least $500 million through a likely five-year bond issue

Published 03 Jul, 2026 07:30pm

Markets

Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources

The US Treasury Department’s current sanctions waiver allows the sale of crude oil and petrochemical and petroleum products

Published 03 Jul, 2026 07:18pm

Sports

Germany to start talks with Klopp after parting ways with Nagelsmann, says DFB

The DFB board said it would start talks with Klopp, long seen as the ideal choice to succeed Nagelsmann

Published 03 Jul, 2026 07:11pm

World

India insurance regulator plans overhaul of commission rules to curb mis-selling, sources say

IRDAI aims to reduce high distribution costs in one of the world’s fastest-growing insurance markets

Published 03 Jul, 2026 07:01pm

Technology

World's biggest domain seller GoDaddy fears India's fake site crackdown could damage internet

Soaring smartphone and internet use has coincided with a worsening problem of online fraud in India, the world’s most populous nation

Published 03 Jul, 2026 06:58pm

Pakistan

Interior minister Naqvi meets Acting Makkah Governor, vows stronger Pakistan-Saudi ties

Naqvi says Pakistan values its historic and brotherly relationship with the Kingdom

Updated 03 Jul, 2026 10:36pm

Business & Finance

HBL to Chair SCO IBC 2027

The Annual Council Meeting of the Shanghai Cooperation Organization Interbank Consortium (SCO IBC) was held on 2...

Published 03 Jul, 2026 06:49pm

World

India police arrest one for alleged child abuse at Capgemini daycare campus

Children are subjected to physical and mental abuse at the daycare centre in Bengaluru

Published 03 Jul, 2026 06:40pm

Markets

Sri Lankan shares fall for fourth straight session, post weekly loss

CSE All Share index settled down 0.19% at 22,178.73

Published 03 Jul, 2026 06:18pm

Markets

UAE markets end higher; IHC gains on India aluminium venture

Abu Dhabi’s benchmark index settled 0.9% higher

Published 03 Jul, 2026 06:16pm

Markets

Indian rupee falls on-week as merchant, NDF-linked flows blunt dollar retreat

Indian rupee declined nearly 1% on the week to close at 95.21 per dollar

Published 03 Jul, 2026 06:15pm

Markets

India bonds rise for sixth straight week as foreign flows continue

Benchmark 6.94% 2036 bond yield ended at 6.7108%

Published 03 Jul, 2026 06:01pm

Business & Finance

Ebbing Middle East risk premium keeps aluminium under pressure

Benchmark three-month aluminium on the London Metal Exchange was down 0.1% at $3,088 a metric ton

Published 03 Jul, 2026 06:00pm

Markets

Palm oil slips to near 3-week low, logs second weekly loss

Dalian’s most-active soyoil contract fell 0.43%

Published 03 Jul, 2026 05:55pm

Markets

India seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark

This does little to quell public anger, with opponents of the policy accusing the government of rushing its rollout

Published 03 Jul, 2026 05:38pm

Technology

AI hiring outpaces overall IT recruitment in India, report shows

The sector's AI hiring rises 16% year-on-year in June

Published 03 Jul, 2026 05:31pm

Business & Finance

US court turns down request to extend injunctive relief against Zia Chishti

TRG Pakistan stated on Friday that a US federal court had refused to extend an order preventing former CEO Zia...

Published 03 Jul, 2026 05:06pm

Markets

Rupee registers marginal gain against US dollar

Settles at 278.12

Updated 03 Jul, 2026 08:37pm

Pakistan

PM Shehbaz orders to ban substandard syringes

PM Shehbaz Sharif bans substandard syringes nationwide to immediately prevent infectious diseases and safeguard public health.

Published 03 Jul, 2026 03:17pm

Business & Finance

Pakistan, Türkiye agree to enhance maritime, transport cooperation

Pakistan and Türkiye have agreed to strengthen bilateral cooperation in the maritime and transport sectors,...

Published 03 Jul, 2026 02:33pm

Business & Finance

Pakistan's GDP growth for FY26 to remain above govt estimate, says SBP chief

Workers' remittances estimated to hit above $41.5bn

Updated 03 Jul, 2026 06:21pm

Life & Style

Princess Kate watches British hopeful Fery fly the flag at Wimbledon

In a courtside interview, a delighted Fery said he might have felt more nervous had he realised royalty was in the house

Published 03 Jul, 2026 01:57pm

Life & Style

Taylor Swift and Travis Kelce married ahead of NY celebration, report says

Swift’s publicist did not immediately respond to a request for comment, and Reuters could not confirm the Page Six report

Published 03 Jul, 2026 01:52pm

Sports

Improving Spain outclass Austria 3-0 to ease into World Cup last 16

While Spain’s attack, especially teenage forward Lamine Yamal, gets most of the attention, their defence continues to excel

Published 03 Jul, 2026 01:45pm

Markets

Australian shares log best week in 3 as Fed-hike bets cool; banks, miners lead

The S&P/ASX 200 index closed 1.4% higher at 8,844.40 points

Published 03 Jul, 2026 01:42pm

Markets

Thai baht/US dollar steady on Friday

The baht was 0.05% lower at 33.18 versus the dollar, after trading in a range of 33.130 to 33.260

Published 03 Jul, 2026 01:36pm

World

At least 3,700 excess deaths reported during heatwave in France, Belgium and Netherlands

The extreme heat was almost certainly driven by climate change, scientists said

Published 03 Jul, 2026 01:34pm

Markets

Europe's STOXX 600 set for best week in over a month as rally broadens

Germany’s DAX index also notched an all-time high and was up 0.5%

Published 03 Jul, 2026 01:30pm

Markets

Gold price per tola gains Rs12,200 in Pakistan

Price of silver increases by Rs319 to reach Rs6,764 per tola

Updated 03 Jul, 2026 07:43pm

Editorials

The missing accountability after the audit

EDITORIAL: Every few weeks, another audit report exposes billions of rupees in irregularities somewhere within...

Published 04 Jul, 2026 02:29am

Editorials

The perils of diluting constitutional safeguards

EDITORIAL: The recent judgment by a five-member Supreme Court bench on the admissibility of forensic experts’...

Published 04 Jul, 2026 02:29am

Editorials

Dilution of monetary policy

EDITORIAL: A webinar titled ‘Managing Stability During Uncertain Times: Role of Monetary Policy in Pakistan’...

Published 03 Jul, 2026 05:13am

Editorials

A tragedy of negligence

EDITORIAL: The collapse of the roof of a private tuition centre in Lahore’s Kahna area, which claimed the lives of...

Published 03 Jul, 2026 05:13am

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

Currency	Rate
USD PKR Interbank Selling / Jul 3	278.32
USD PKR Interbank Buying / Jul 3	278.12
USD to Japanese Yen / Jul 3	161.34
USD to Swiss Franc / Jul 3	0.80
Pound Sterling to USD / Jul 3	1.34
Euro to USD / Jul 3	1.14
SOFR % / Jul 3	3.62

Stock	Volume
S&P 500 / Jul 2	7,483.24
Nasdaq / Jul 2	25,832.67
Dow Jones / Jul 2	52,900.07
India Sensex / Jul 3	77,938.16
Tokyo Nikkei / Jul 3	69,243.68
Hang Seng / Jul 3	23,310.80
FTSE 100 / Jul 3	10,679.03
Germany DAX 30 / Jul 3	25,779.31
France CAC40 / Jul 3	8,508.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 2	17,780
Crude Oil USD/Barrel / Jul 3	68.69
Gold 10 Grams PKR / Jul 3	378,031
Gold Spot USD/Ounce / Jul 3	4,176.94
Cotton US¢/pound / Jul 3	77.12
Petrol/Litre / Jul 4	299.50
Diesel/Litre / Jul 4	311.47

Stock	Price
Dewan Sugar / Jul 3 Dewan Sugar Mills Limited(DWSM)	8.02 ▲ 1 (14.25%)
Ansari Sug. / Jul 3 Ansari Sugar Mills Limited(ANSM)	31.30 ▲ 2.85 (10.02%)
Dewan Farooque Sp. / Jul 3 Dewan Farooque Spinning Mills Limited(DFSM)	29.88 ▲ 2.72 (10.01%)
Quantum Data Tech. / Jul 3 Quantum Data Technologies Limited(QTECH)	51.87 ▲ 4.72 (10.01%)
Tri-Star Power / Jul 3 Tri-Star Power Limited(TSPL)	16.49 ▲ 1.5 (10.01%)
Mughal Energy / Jul 3 Mughal Energy Limited(GEM)(GEMMEL)	24.73 ▲ 2.25 (10.01%)
ARM Green Industries / Jul 3 ARM Green Industries Limited(ARMG)	64.13 ▲ 5.83 (10%)
Fateh Ind. / Jul 3 Fateh Industries Limited(FIL)	293.11 ▲ 26.65 (10%)
Frontier Ceramics / Jul 3 Frontier Ceramics Limited(FRCL)	104.69 ▲ 9.52 (10%)
Fateh Sports / Jul 3 Fateh Sports Wear Limited(FSWL)	179.23 ▲ 16.29 (10%)

Stock	Price
First Fid. Leasing / Jul 3 First Fidelity Leasing Modaraba(FFLM)	24.03 ▼ -2.67 (-10%)
Chashma / Jul 3 Chashma Sugar Mills Limited(CHAS)	132.02 ▼ -14.43 (-9.85%)
Nadeem Tex. / Jul 3 Nadeem Textile Mills Limited(NATM)	77 ▼ -7.49 (-8.86%)
UBLPakistanETF / Jul 3 UBLPakistan Enterprise ETF(UBLPETF)	30.78 ▼ -2.69 (-8.04%)
Mughal Iron & Steel(C) / Jul 3 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	60 ▼ -5 (-7.69%)
Ellcot Spinning / Jul 3 Ellcot Spinning Mills Limited(ELSM)	115.50 ▼ -9.5 (-7.6%)
Shams Textile / Jul 3 Shams Textile Mills Limited(STML)	42.51 ▼ -3.49 (-7.59%)
Javedan Corp.(Pref) / Jul 3 Javedan Corp.(Pref)(JVDCPS)	63.05 ▼ -4.81 (-7.09%)
Aisha Steel (CPS) / Jul 3 Aisha Steel Mills Limited (CPS)(ASLCPS)	67.06 ▼ -4.87 (-6.77%)
First Imrooz Mod. / Jul 3 First Imrooz Modaraba(FIMM)	220 ▼ -14.17 (-6.05%)

Stock	Volume
TPL REIT Fund I / Jul 3 TPL REIT Fund I(TPLRF1)	72,926,913 ▼ -0.17
TPL Corp Ltd / Jul 3 TPL Corp Limited(TPL)	48,189,972 ▼ -0.71
TPL Properties / Jul 3 TPL Properties Limited(TPLP)	34,206,131 ▲ 0.37
Ghani Chem. Ind. / Jul 3 Ghani Chemical Industries Limited(GCIL)	27,374,207 ▲ 2.43
Secure Logistics-Trax Group / Jul 3 Secure Logistics-Trax Group Limited(SLGL)	26,622,164 ▲ 0.29
F. Nat.Equities / Jul 3 First National Equities Limited(FNEL)	24,962,056 ▲ 0
Trust Sec.& Brok. / Jul 3 Trust Securities & Brokerage Limited(TSBL)	21,835,437 ▲ 0.12
Lotte Chemical / Jul 3 Lotte Chemical Pakistan Limited(LOTCHEM)	21,016,185 ▲ 0.99
Pak Reinsurance / Jul 3 Pakistan Reinsurance Company Limited(PAKRI)	18,964,300 ▲ 0.39
P.T.C.L. / Jul 3 Pakistan Telecommunication Company Ltd(PTC)	16,636,573 ▲ 1.39

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