Latest - Business Recorder

Markets

Tasdeeq set for PSX IPO, a first for South Asia’s credit information industry

Company expected to sell shares to investors and make them available for public trade at PSX in August 2026

Published 24 Jun, 2026 09:06pm

Sports

Safeguarding rules bar 15-year-old Sooryavanshi from Indian dressing room

Safeguarding protocols mandated by the global cricket body ICC and the United Kingdom prohibit players under 16 from using adult dressing rooms

Published 24 Jun, 2026 08:59pm

BR Research

PTA invites bids for mobile virtual network licences

Sets $140,000 upfront fee for a 15-year license

Published 24 Jun, 2026 08:31pm

Markets

Barclays upgraded Pakistan debt to overweight on oil outlook: Bloomberg

Pakistan economy continues to demonstrate stability, with an improved fiscal position, report says

Published 24 Jun, 2026 08:08pm

World

STT, Tata Delhi data centre fire leaves clients fearing decades of data lost; Google hit

Some of Google Cloud’s intermittent network disruptions in India are also linked to the fire

Published 24 Jun, 2026 08:01pm

Markets

Most Gulf markets ease as caution lingers, rate concerns persist

Saudi Arabia’s benchmark index fell 0.3%,

Published 24 Jun, 2026 07:46pm

World

US forces killed Islamic State leader in Syria airstrike, Central Command says

Islamic State declares a new phase of operations in Syria against the government of President Ahmed al-Sharaa

Published 24 Jun, 2026 07:41pm

Sports

Senegal keeper Mendy out of World Cup clash with Iraq due to knee injury

'Further medical examinations are underway to precisely assess the nature of his injury'

Published 24 Jun, 2026 06:24pm

World

India hails progress in US trade talks, but no deal yet

Says two days of talks with Greer were held in a constructive and forward-looking manner

Published 24 Jun, 2026 06:05pm

Markets

India's central bank issues revised rules on banks computation of FX risk exposure

The central bank has removed the separate calculation of onshore and offshore net open positions for banks

Published 24 Jun, 2026 05:58pm

World

Trump says assured by Iran no tolls to be charged at Hormuz

Tehran plans to charge what it calls maritime service fees for crossing the strait

Published 24 Jun, 2026 05:54pm

Pakistan

PM Shehbaz, Qatar Emir discuss Pakistan-brokered US-Iran peace process

Qatari Emir lauds Pakistan's diplomatic efforts in the US-Iran peace process

Published 24 Jun, 2026 05:34pm

World

Rubio starts Gulf tour as allies sceptical about Iran deal seek answers

Rubio holds a working lunch with UAE President Sheikh Mohammed bin Zayed Al Nahyan and other senior figures

Published 24 Jun, 2026 05:26pm

Markets

Real estate, consumer discretionary stocks drag Sri Lankan shares lower

CSE All-Share index .CSE settled 0.21% lower at 22,208.58 points.

Published 24 Jun, 2026 05:17pm

Markets

India financial crime agency flags forex breaches, missing records at Rajesh Exports

“Contemporaneous records and documentation of claimed investment of 10.35bn Indian rupees into African Mines were neither found nor provided by the company as yet,' ED says

Published 24 Jun, 2026 05:14pm

World

IAEA chief says Iran inspections will go ahead, working on modalities

'We will be working on the modalities — dates, procedures, places — very soon,' Grossi says

Published 24 Jun, 2026 04:59pm

Business & Finance

India's GIC Re plans to reduce share of overseas property risk as climate losses rise

Economic losses from natural disasters reach $368 billion in 2024, 14% above the inflation-adjusted annual average

Published 24 Jun, 2026 04:10pm

Markets

Rupee registers gain against US dollar

Settles at 278.20 against greenback

Updated 24 Jun, 2026 08:44pm

World

More stranded oil tankers exit Hormuz, adding to global supply

Four vessels operated by South Korean shippers exit the strait and sail to their destinations

Published 24 Jun, 2026 04:01pm

Perspectives

From green haven to concrete zone: Shakarparian’s slow disappearance

Shakarparian, once a lush green expanse in Islamabad, is steadily shrinking as urban development continues to...

Published 24 Jun, 2026 03:50pm

Markets

Palm oil falls tracking rival edible oils as crude retreats

Dalian’s most-active soyoil contract was up 0.37%

Published 24 Jun, 2026 03:50pm

Markets

Indian rupee cushioned by central bank hand even as dollar strength dents Asia FX

The currency ended the day at 94.6650 against the U.S. dollar

Published 24 Jun, 2026 03:47pm

Markets

Banks, softer oil boost Indian shares; RBI eases rate concerns

Nifty 50 rose 0.83% to 24,021.65, while the Sensex added 1.04% to 76,991.22.

Published 24 Jun, 2026 03:41pm

Business & Finance

Govt shareholding in PPL climbs to 74.86% following SC's ruling

Govt shareholding in Pakistan Petroleum Limited rises to 74.86%

Published 24 Jun, 2026 03:21pm

Technology

Pakistan-Bangladesh founded Revora raises $2mn seed round, rebrands to focus on AI-powered e-commerce

Revora, an AI operating platform, raised $2mn to empower e-commerce businesses, particularly in its fastest-growing market, Saudi Arabia

Updated 24 Jun, 2026 04:29pm

Business & Finance

Pakistan's Liven Pharma enters into strategic partnership with China’s TOFFLON

Marks a key step in its Vision 2030, aiming to transform Pakistan's pharma sector with world-class manufacturing tech

Published 24 Jun, 2026 02:11pm

World

Iran says deal to end Mideast war 'declaration of US defeat'

'The Islamabad understanding was not the result of pressure and coercion, but rather the result of the resistance and authority of the brave Iranian nation'

Published 24 Jun, 2026 01:36pm

Business & Finance

Circular debt plan: OGDCL receives final payment

Completes a total of Rs92 billion under the government's circular debt settlement plan, boosting energy sector stability

Published 24 Jun, 2026 12:19pm

Sports

McCullum dismisses talk of rift with Stokes ahead of third New Zealand Test

In Stokes’ absence, ⁠England suffered a 253-run defeat at The Oval on Sunday as New Zealand levelled the series

Published 24 Jun, 2026 12:10pm

Business & Finance

Lotte Chemical reappoints chairman, CEO

Reappoints Chairman Imtiaz Ahmed and CEO Adnan Afridi

Published 24 Jun, 2026 11:57am

Markets

South Korean shares surge 4.1% as chip stocks recover

The KOSPI gained more than 330 points to 8,550.21 only moments after trading began

Published 24 Jun, 2026 11:51am

Markets

JGBs hold steady as market weighs timing of BOJ hikes, demand at debt sales

The benchmark 10-year JGB yield slid 0.5 basis point to 2.670%

Published 24 Jun, 2026 11:48am

Markets

Japan's Nikkei extends fall on Fed rate-hike, tech valuation concerns

The broader Topix slipped 0.31% to 3,977.91

Published 24 Jun, 2026 11:45am

Markets

Australian shares extend early gains as May headline inflation cools

The S&P/ASX 200 index rose as much as 0.4% to 8,823.2

Published 24 Jun, 2026 11:43am

Markets

Thai baht/US dollar weaker on Wednesday

The baht was 0.45% lower at 33.36 versus the dollar, after trading in a range of 33.220 to 33.415

Published 24 Jun, 2026 11:41am

Sports

Bosnia plan to attack in must-win Qatar game, coach Barbarez says

Bosnia expect to be well supported by their fans, who have been visible in large numbers in Seattle this week

Published 24 Jun, 2026 11:38am

Sports

Croatia scorer Budimir hails win over Panama that keeps hopes alive

Croatia’s win courtesy of a second-half goal from substitute Budimir kept alive their hopes of reaching the Round of 32

Published 24 Jun, 2026 11:33am

Markets

Aluminium near 3-month low on Gulf supply hopes, strong dollar

LME benchmark three-month aluminium edged up 0.17% to $3,238 a metric ton

Published 24 Jun, 2026 11:17am

Markets

China's yuan slides to one-month low as dollar extends gains

The onshore yuan touched 6.8004 per dollar in morning trade, the weakest level in more than a month

Published 24 Jun, 2026 11:15am

World

Qatar to resume normal liquefied natural gas production 'within a few weeks', PM tells FT

QatarEnergy suspended LNG production after the US and Israel launched their war on Iran on February 28

Published 24 Jun, 2026 11:13am

Markets

Kenya signs $1.2 billion deal with Chinese firm to expand Nairobi airport

The East African nation plans to nearly triple the annual passenger capacity at the Nairobi airport to 22 million people from 7.5 million

Published 24 Jun, 2026 11:06am

Sports

Munoz strike sends Colombia into World Cup Round of 32

Munoz struck the winner from the right side of the penalty area in the 76th minute

Published 24 Jun, 2026 11:01am

World

NATO's Rutte to meet Trump, aiming to ease tensions ahead of July summit

Rutte has maintained strong ties with Pentagon officials, and Hegseth spoke warmly of his leadership at the Brussels event last week

Published 24 Jun, 2026 10:51am

World

Marco Rubio kicks off Middle East trip as allies seek answers on Iran

While Gulf leaders pushed for peace during the four-month-long conflict, many were surprised and disappointed by the terms of the accord

Published 24 Jun, 2026 10:45am

Markets

China, Hong Kong stocks mixed as investors digest tech selloff

China's blue-chip CSI300 Index edged up 0.1% by the lunch break, while the Shanghai Composite Index was down 0.25%

Published 24 Jun, 2026 10:32am

Sports

Colombia qualify with DR Congo win as Lorenzo praises attacking variety

Lorenzo said Colombia had to use different channels and lanes to find space against DR Congo's compact defence

Published 24 Jun, 2026 10:28am

Markets

Buying rally at PSX, KSE-100 up nearly 1,900 points

Benchmark index settles at 179,571.26

Updated 24 Jun, 2026 06:26pm

Business & Finance

International investor eyes majority stake in Pakistan’s TPL Trakker

An international investor has shown interest in buying the majority shares of TPL Trakker Limited, a subsidiary of...

Published 24 Jun, 2026 10:02am

Markets

Bank of Korea board member raises concerns about house prices, leveraged stock investments

Volatility in financial and foreign exchange markets ⁠also increased in the first half of this year, Hwang said

Published 24 Jun, 2026 08:17am

World

Russian-held Sevastopol, Moscow-controlled parts of Ukraine's Kherson grabble with power outages

Sevastopol, the biggest city on the Crimea peninsula that Russia annexed in 2014

Updated 24 Jun, 2026 11:28am

Pakistan

Asif defends remarks on political situation in AJK

ISLAMABAD: Defence Minister Khawaja Muhammad Asif on Tuesday defended his recent remarks on the political situation...

Published 24 Jun, 2026 08:11am

World

Australia ramps up bird flu surveillance, testing after first mainland cases reported

South Australia state Primary Industries Minister Claire Scriven told ABC Radio it could be ⁠several days before results from the bird samples are available

Published 24 Jun, 2026 08:10am

Markets

Indian rupee to slide after dollar powers to over 1-year high on Fed hike bets, risk-off

The Indian rupee is expected to open in ‌the 94.80 to 94.85 range on Wednesday, traders said, after settling at 94.7350 per US dollar on Tuesday

Published 24 Jun, 2026 08:07am

Business & Finance

Concern expressed over curtailment of wind power plants

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

Published 24 Jun, 2026 08:02am

Sports

'I'm back': Record-breaker Ronaldo fires Portugal to 5-0 win over Uzbekistan

Portugal ramped up the intensity from the opening whistle as players seemed to want to make amends for the opening 1-1 draw with the Democratic Republic of Congo

Published 24 Jun, 2026 08:00am

Markets

‘LESCO achieves net metering with 135,837 connections’

LAHORE: The Lahore Electric Supply Company (LESCO) has emerged as a leading power distribution company in Pakistan’s...

Published 24 Jun, 2026 08:00am

Pakistan

International Widows Day marked

LAHORE: The government needs to extend the scope of public services and welfare assistance to widows and also make...

Published 24 Jun, 2026 07:58am

Pakistan

LHC rejects teacher’s bail plea

LAHORE: The Lahore High Court has rejected the bail plea of a teacher Shan Ali accused of criminally assaulting an...

Published 24 Jun, 2026 07:54am

Pakistan

Minister praises ‘Maryum’s Sohna Punjab’ initiative

LAHORE: Punjab Local Government Minister Zeeshan Rafique has announced that the Punjab government is making...

Published 24 Jun, 2026 07:54am

Pakistan

25 scooters to female survivors of burn violence: Mobilink Bank, Depilex Smileagain Foundation collaborate

LAHORE: Pakistan’s leading digital microfinance bank, Mobilink Bank, has launched a meaningful social investment...

Published 24 Jun, 2026 07:52am

Markets

Indian shares likely to open muted as US rate hike bets offset oil relief

GIFT Nifty futures were at 23,861.50

Published 24 Jun, 2026 07:52am

Pakistan

Nestlé Pakistan, PCSIR and PSFST marks World Food Safety Day

KARACHI: Pakistan Council of Scientific & Industrial Research (PCSIR), Nestlé Pakistan and the Pakistan Society...

Published 24 Jun, 2026 07:49am

Pakistan

Punjab Assembly budget session: Speaker rebukes ministers, bureaucracy over ignorance of rules

LAHORE: Punjab Assembly Speaker Malik Muhammad Ahmad Khan strongly criticized provincial ministers and bureaucrats...

Published 24 Jun, 2026 07:49am

Markets

Gold slips as Fed rate-hike expectations buoy dollar

Spot gold ‌fell 0.5% to $4,087.68 per ounce

Published 24 Jun, 2026 07:48am

Pakistan

Terrorists groups operating in Afghanistan: Pakistan demands Taliban take urgent action

ISLAMABAD: Pakistan called for immediate, credible, and verifiable action by the Taliban authorities against...

Published 24 Jun, 2026 07:46am

Markets

Brent hits lowest since before start of Iran war as more tankers exit Hormuz

Brent crude futures, the global benchmark, were down $3.42, or 0.4%, at $73.65 a barrel

Updated 24 Jun, 2026 08:51pm

Pakistan

Islamabad, KP: ECP summons officials over delay in LG polls

ISLAMABAD: The Election Commission of Pakistan (ECP) has decided to summon senior administration officials assigned...

Published 24 Jun, 2026 07:42am

Pakistan

PTI rejects Finance Bill

ISLAMABAD: Moments after the National Assembly passed the Finance Bill 2026-27, opposition Pakistan Tehreek-e-Insaf...

Published 24 Jun, 2026 07:40am

Pakistan

IK’s sisters threaten to announce future course of action

ISLAMABAD: The sisters of incarcerated Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Tuesday warned that the...

Published 24 Jun, 2026 07:39am

Pakistan

One worker killed in goldmine collapse

KOHAT: A worker on Tuesday was killed after a gold mine collapsed in the Khushhal Garh Raissie area, the official...

Published 24 Jun, 2026 07:37am

Markets

Asian stocks wobble after tech-led selloff, volatility risk highlighted

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.02%

Published 24 Jun, 2026 07:37am

Pakistan

PM confers CPSP’s honorary fellowship upon Pezeshkian

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday conferred the honorary fellowship of the College of Physicians...

Published 24 Jun, 2026 07:35am

Markets

Dollar at 13-month high as rate hike bets, stock rout boost demand

Markets are pricing in a 37% chance of a 25-basis-point hike at the July meeting, up from 8.5% a week ago, and 70% for September up from 29.1%

Published 24 Jun, 2026 07:33am

Pakistan

Pakistan, Iran vow to deepen bilateral ties

ISLAMABAD: Pakistan and Iran vowed to further strengthen cooperation for promoting regional peace and security,...

Published 24 Jun, 2026 07:27am

Pakistan

Iran’s ballistic missile programme not part of Islamabad MoU: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday clarified that Iran’s ballistic missile programme was not part...

Published 24 Jun, 2026 07:24am

Pakistan

PAF jets escort Iranian President

ISLAMABAD: Pakistan Air Force (PAF) fighter jets escorted the aircraft carrying Iranian President Masoud Pezeshkian...

Published 24 Jun, 2026 07:20am

Business & Finance

SBP allows non-bank investors to participate in GIS auctions

KARACHI: The State Bank of Pakistan (SBP) has expanded investor access to Government of Pakistan Ijarah Sukuk (GIS)...

Published 24 Jun, 2026 07:18am

Business & Finance

SBP announces FY27 MPC meetings schedule

KARACHI: The State Bank of Pakistan (SBP) has announced the advance schedule of Monetary Policy Committee (MPC)...

Published 24 Jun, 2026 07:14am

Markets

Yen hovers near 40-year low against dollar

TOKYO: Japan’s finance minister said Tuesday that Tokyo was ready to take “resolute measures” as the yen came within...

Published 24 Jun, 2026 07:11am

Business & Finance

35 changes made in Finance Bill, 2026: Airlines get sales tax exemption on aircraft import

ISLAMABAD: The government has made over 35 major changes in the Finance Bill 2026 and amended Finance Bill to allow...

Published 24 Jun, 2026 07:01am

Digital invoicing system: FBR to crack down on non-compliant importers from July 1

ISLAMABAD: The Federal Board of Revenue (FBR), from July 1, has decided to take punitive enforcement actions against...

Published 24 Jun, 2026 06:48am

Cabinet greenlights (NABP)–2025

ISLAMABAD: The Federal Cabinet has approved the National Agricultural Biotechnology Policy (NABP)–2025, aimed at...

Updated 24 Jun, 2026 09:11am

Thar lignite: Jamshoro Unit-01 plant conversion may save USD3.239bn

ISLAMABAD: Pakistan is poised to save USD 3.239 billion over the next 26 years — USD 2.113 billion in foreign...

Published 24 Jun, 2026 06:40am

Businessmen concerned at proposed amendment to Nepra Act

ISLAMABAD: The country’s business community has expressed serious reservations over what it describes as an attempt...

Published 24 Jun, 2026 06:29am

Business & Finance

20pc FED on mineral waters, other drinks abolished

ISLAMABAD: The government has abolished 20 percent Federal Excise Duty (FED) on mineral waters, aerated waters,...

Published 24 Jun, 2026 06:26am

2024-25 and 2025-26: NA set to approve Rs17.378trn supplementary grants

ISLAMABAD: The National Assembly is set to approve Rs 17.378 trillion in regular and technical supplementary grants...

Updated 24 Jun, 2026 09:12am

Markets

Oil prices steady as investors focus on Hormuz flows

NEW YORK: Oil prices were broadly steady on Tuesday, slipping about 1 percent as investors kept a close watch on...

Published 24 Jun, 2026 05:52am

World

Iran says won’t allow UN inspectors at bombed nuke sites

TEHRAN: Iran said Tuesday that the UN’s nuclear watchdog will not be able to inspect key nuclear sites bombed by the...

Published 24 Jun, 2026 05:52am

KP drops MHPP from World Bank-funded energy project

ISLAMABAD: The Khyber Pakhtunkhwa (KP) government has decided to drop the 215-megawatt Madyan Hydropower Project...

Updated 24 Jun, 2026 09:15am

Markets

Gas production at Sahito-1 begins

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) on Tuesday announced the successful commencement of...

Published 24 Jun, 2026 05:52am

Business & Finance

CCP approves acquisition of BASF Pakistan by UAE firm

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of BASF Pakistan (Private)...

Published 24 Jun, 2026 05:52am

World

International Gaza force: Moroccan contingent arrives in Israel

JERUSALEM: Officers from the Moroccan military, whose deployment was announced in February, have arrived in Israel...

Published 24 Jun, 2026 05:52am

World

China displaces US for world’s fastest supercomputer crown

WASHINGTON: A Chinese machine has seized the title of world’s most powerful supercomputer, ending nearly a decade of...

Published 24 Jun, 2026 05:52am

World

Forty drown in France as people seek relief from Europe’s heatwave

PARIS/MADRID: Forty people have drowned in France over recent days as they sought to cool down to escape record...

Published 24 Jun, 2026 05:52am

PM tells NA: US-Iran deal could ease global tensions

ISLAMABAD: In a cautiously upbeat signal amid lingering geopolitical fault lines, Prime Minister Shehbaz Sharif on...

Updated 24 Jun, 2026 09:13am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (June 23, 2026) and the forecast for Wednesday (June 24 2026)....

Published 24 Jun, 2026 05:52am

BR Research

Interloop Limited: performance and outlook

Interloop Limited (PSX: ILP) was incorporated in Pakistan in 1992 and got listed on PSX in 2019. The company is...

Updated 24 Jun, 2026 08:34am

Pakistan

PPP, MQM equally responsible for Karachi’s ‘destruction’: JI

KARACHI: Amid growing public frustration over worsening civic conditions, rising inflation and continued governance...

Published 24 Jun, 2026 05:52am

Pakistan

KMC introduces digital payment system

KARACHI: In line with the digitalization vision of Mayor Karachi Barrister Murtaza Wahab, the Karachi Metropolitan...

Published 24 Jun, 2026 05:52am

Business & Finance

Digital security: BankIslami partners with Resecurity

KARACHI: BankIslami has signed a strategic partnership with Resecurity, a leading US-based cybersecurity and...

Published 24 Jun, 2026 05:52am

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

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

Currency	Rate
USD PKR Interbank Selling / Jun 23	278.41
USD PKR Interbank Buying / Jun 23	278.21
USD to Japanese Yen / Jun 24	161.63
USD to Swiss Franc / Jun 24	0.81
Pound Sterling to USD / Jun 24	1.32
Euro to USD / Jun 24	1.14
SOFR % / Jun 23	3.62

Stock	Volume
S&P 500 / Jun 23	7,365.46
Nasdaq / Jun 23	25,587.04
Dow Jones / Jun 23	51,666.84
India Sensex / Jun 24	76,940.11
Tokyo Nikkei / Jun 24	69,523.79
Hang Seng / Jun 24	23,277.20
FTSE 100 / Jun 24	10,427.32
Germany DAX 30 / Jun 24	24,651.10
France CAC40 / Jun 24	8,352.58

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 23	18,580
Gold 10 Grams PKR / Jun 23	368,985
Petrol/Litre / Jun 24	299.50
Crude Oil USD/Barrel / Jun 24	72.83
Gold Spot USD/Ounce / Jun 24	4,088.29
Diesel/Litre / Jun 24	311.47
Cotton US¢/pound / Jun 24	78.45

Stock	Price
Ghani Chemworld Limited (R) / Jun 24 Ghani Chemworld Limited Right(GCWLR)	8.01 ▲ 1 (14.27%)
Gulistan Sp. / Jun 24 Gulistan Spinning Mills Limited(GUSM)	10.07 ▲ 1 (11.03%)
Ali Asghar / Jun 24 Ali Asghar Textile Mills Limited(AATM)	57.61 ▲ 5.24 (10.01%)
Al-Shaheer Corp / Jun 24 Al Shaheer Corporation Limited(ASC)	12.20 ▲ 1.11 (10.01%)
Feroze 1888 / Jun 24 Feroze1888 Mills Limited(FML)	57.48 ▲ 5.23 (10.01%)
J.A.Textile / Jun 24 J.A. Textile Mills Limited(JATM)	33.52 ▲ 3.05 (10.01%)
Sardar Chemical / Jun 24 Sardar Chemical Industries Limited(SARC)	77.07 ▲ 7.01 (10.01%)
Buxly Paints / Jun 24 Buxly Paints Limited(BUXL)	251.72 ▲ 22.88 (10%)
Chashma / Jun 24 Chashma Sugar Mills Limited(CHAS)	101.19 ▲ 9.2 (10%)
Fateh Sports / Jun 24 Fateh Sports Wear Limited(FSWL)	111.29 ▲ 10.12 (10%)

Stock	Price
Int. Knit. / Jun 24 International Knitwear Limited(INKL)	100.24 ▼ -11.14 (-10%)
First Fid. Leasing / Jun 24 First Fidelity Leasing Modaraba(FFLM)	22.28 ▼ -2.47 (-9.98%)
NIT PakistanXD / Jun 24 NIT Pakistan Gateway ETF(NITGETF)	37.25 ▼ -3.75 (-9.15%)
Aruj Industries / Jun 24 Aruj Industries Limited(ARUJ)	10.89 ▼ -1.05 (-8.79%)
Shams Textile / Jun 24 Shams Textile Mills Limited(STML)	42.02 ▼ -3.28 (-7.24%)
Ellcot Spinning / Jun 24 Ellcot Spinning Mills Limited(ELSM)	112.35 ▼ -7.69 (-6.41%)
Imperial Limited / Jun 24 Imperial Limited(IML)	23.60 ▼ -1.42 (-5.68%)
Pakgen Power / Jun 24 Pakgen Power Limited(PKGP)	44.40 ▼ -2.45 (-5.23%)
National Silk / Jun 24 The National Silk & Rayon Mills Limited(NSRM)	193.20 ▼ -9.8 (-4.83%)
Arctic Textile / Jun 24 Arctic Textile Mills Limited(ARCTM)	37.30 ▼ -1.76 (-4.51%)

Stock	Volume
K-Electric Ltd. / Jun 24 K-Electric Limited(KEL)	65,391,815 ▲ 0.14
Pak Int.Bulk / Jun 24 Pakistan International Bulk Terminal(PIBTL)	65,127,482 ▲ 1.05
WorldCall Telecom / Jun 24 Worldcall Telecom Limited(WTL)	28,923,572 ▲ 0.02
Pak Elektron / Jun 24 Pak Elektron Limited(PAEL)	24,084,263 ▲ 0.95
The Organic Meat / Jun 24 The Organic Meat Company Limited(TOMCL)	16,472,450 ▲ 3.04
Kohinoor Spinning / Jun 24 Kohinoor Spinning Mills Limited(KOSM)	16,229,050 ▲ 0.17
Sui South Gas / Jun 24 Sui Southern Gas Company Limited(SSGC)	15,726,000 ▼ -0.9
Maple Leaf Cement / Jun 24 Maple Leaf Cement Factory Limited(MLCF)	15,621,137 ▲ 2.35
B.O.Punjab / Jun 24 The Bank of Punjab(BOP)	15,593,429 ▲ 0.29
PIA Holding Co.Ltd / Jun 24 PIA Holding Company Limited(PIAHCLA)	14,212,504 ▲ 1.17

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