Latest - Business Recorder

Life & Style

Gold fever sends some vintage luxury watches to the melting furnace

Used models by the likes of Omega and LVMH’s TAG Heuer are most hit by the trend

Published 13 Jun, 2026 01:19pm

Business & Finance

Abolition of 18% sales tax on shipping industry a major boost to maritime economy: minister

Says removing sales tax on shipping will significantly cut business costs, enhance competitiveness, and attract new investment, strengthening Pakistan's vital maritime sector

Published 13 Jun, 2026 12:52pm

World

Trump's name removal from Kennedy Center pushed to Saturday due to thunderstorms

A federal judge in Washington declines a request to temporarily pause an order to remove Trump's name from the Kennedy Center

Published 13 Jun, 2026 10:46am

Sports

US victory over Paraguay was built on team togetherness, not individual effort: Pochettino

It is the first time the U.S. has scored four goals in a World Cup match

Published 13 Jun, 2026 10:41am

Business & Finance

US clears Paramount's $111bn Warner Bros. takeover

The Antitrust Division approves the blockbuster deal without demanding a single change

Published 13 Jun, 2026 10:34am

Sports

Mboko to miss Wimbledon, hopes to play doubles with Serena again

She suffers a medial collateral ligament injury in her opening singles match against Karolína Plíšková

Published 13 Jun, 2026 10:27am

Business & Finance

China 'strongly dissatisfied' with Pentagon move against top Chinese tech firms

If Chinese firms are not treated fairly, Beijing will 'inevitably retaliate resolutely and forcefully'

Published 13 Jun, 2026 10:16am

Sports

England hit by training kit theft ahead of Kansas City arrival

'We are investigating a possible theft of equipment from a team vehicle that arrived in Kansas City with items missing this evening,' police says

Published 13 Jun, 2026 10:06am

World

Iran peace deal looms while new military action flares near Strait of Hormuz

Proposed deal calls for reopening strait, U.S. lifting blockade

Published 13 Jun, 2026 09:14am

Business & Finance

Budget lacks measures to boost production: FPCCI

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday said the federal budget 2026–27...

Published 13 Jun, 2026 07:48am

Pakistan

Final text of US-Iran peace deal agreed: PM

ISLAMABAD/DUBAI/ WASHINGTON/PARIS: Prime Minister Shehbaz Sharif on Friday said that a final text of the US-Iran...

Published 13 Jun, 2026 07:44am

Business & Finance

Rs160.5bn sell-off target set

ISLAMABAD: The federal government has set the privatization target of Rs 160.500 billion for fiscal year 2026-27....

Published 13 Jun, 2026 07:16am

Business & Finance

Electronic cigarettes: FED on e-liquid raised to Rs16,500

ISLAMABAD: Under the Finance Bill 2026-27, the federal government has increased Federal Excise Duty on e-liquid for...

Published 13 Jun, 2026 07:07am

Rs650bn in enforcement & tax policy steps introduced

ISLAMABAD: The government has taken enforcement and tax policy measures of nearly Rs 650 billion including...

Updated 13 Jun, 2026 09:15am

Rs3.01trn defence budget proposed

ISLAMABAD: The federal government on Friday proposed a defence budget of Rs3.01 trillion for FY2026-27, marking an...

Updated 13 Jun, 2026 09:15am

Business & Finance

Deeper Waters, Bigger Ships: KGTL Dredging Completion Marks a New Chapter for Pakistan’s Trade

Pakistan’s maritime industry has entered a deeper and more competitive era with the completion of dredging works at...

Published 13 Jun, 2026 06:40am

Business & Finance

Tax proposed on income from social media platforms

ISLAMABAD: The Finance Bill 2026 has proposed a significant shift in the taxation of income derived from social...

Published 13 Jun, 2026 06:35am

Pakistan

The Weather

KARACHI: The weather report on Friday (June 12, 2026) and the forecast for Saturday (June 13 2026)...

Published 13 Jun, 2026 06:17am

Editorials

The Budget

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

Updated 13 Jun, 2026 06:44am

Pakistan

Dar speaks with Swiss FM Ignazio Cassis

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Friday spoke with Swiss Foreign...

Published 13 Jun, 2026 06:17am

Pakistan

Dar, EU VP discuss US-Iran understanding

ISLAMABAD: Deputy Prime Minister and Foreign Minister, Senator Muhammad Ishaq Dar, spoke on Friday with EU High...

Published 13 Jun, 2026 06:17am

Pakistan

FCC announces revised office hours

ISLAMABAD: The Federal Constitutional Court has revised the court and office hours at its Principal Seat and all...

Published 13 Jun, 2026 06:17am

Business & Finance

Information budget slashed by almost half

ISLAMABAD: The federal government has reduced the allocation for the Information and Broadcasting Division to Rs3.02...

Published 13 Jun, 2026 06:17am

Pakistan

World Day Against Child Labour marked: Nehal urges stronger enforcement of protection laws

KARACHI: Sindh Governor Nehal Hashmi on Thursday called for stronger enforcement of child protection laws and...

Published 13 Jun, 2026 06:17am

Pakistan

Rs2.78bn tagged for climate change

KARACHI: The federal government, in the annual budget 2026-27, has allocated Rs 2.78 billion for the climate change...

Published 13 Jun, 2026 06:17am

Pakistan

Rizwan as new Chief of SPSC: Governor approves appointment

KARACHI: Sindh Governor Syed Muhammad Nihal Hashmi approved the appointment of Rizwan Ahmed as Chairman of Sindh...

Published 13 Jun, 2026 06:17am

Pakistan

Bilawal to decide formation of govt in G-B

KARACHI: Pakistan Peoples Party (PPP) authorises Bilawal Bhutto Zardari to decide on Gilgit-Baltistan government...

Published 13 Jun, 2026 06:17am

Pakistan

‘Hyderabad may emerge as climate-vulnerable city by 2030’

HYDERABAD: Experts have warned that due to rising temperatures, water scarcity, and increasing climate...

Published 13 Jun, 2026 06:17am

Business & Finance

Flagship development projects: CBD Punjab CEO undertakes detailed visit

LAHORE: The Chief Executive Officer of the Punjab Central Business District Development Authority (PCBDDA) Imran...

Published 13 Jun, 2026 06:17am

Business & Finance

Budget 2026 - 27: Notes on clauses

CUSTOMS ACT,1969 (IV OF 1969) Clause 4(1) Seeks to add a new clause 2 (ssssa) to define State Warehouse for legal...

Published 13 Jun, 2026 06:17am

Business & Finance

Tax relief, Super Tax cuts to boost PSX sentiment: experts

KARACHI: The budget has been largely viewed as positive for the equity market, with analysts highlighting tax relief...

Published 13 Jun, 2026 06:17am

Business & Finance

Additional ST introduced: New measures proposed to curb abuse of import concessions

ISLAMABAD: The federal government has proposed new measures to curb abuse of import concessions by manufacturers,...

Published 13 Jun, 2026 06:17am

Business & Finance

40pc drop in SBP’s profit predicted

KARACHI: The federal government has forecast a significant 40 percent drop in receipts under the State Bank of...

Published 13 Jun, 2026 06:17am

Business & Finance

Businesses say it’s a balanced budget but lacks exports revival vision

KARACHI: Business and industrial community has termed the budget 2026-27 as balanced but said it lacks vision for...

Published 13 Jun, 2026 06:17am

Business & Finance

OICCI cautiously welcomes budget

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has welcomed the Federal Budget 2026–27 and...

Published 13 Jun, 2026 06:17am

Pakistan

NFC Award formula remains unchanged: Bilawal

ISLAMABAD: The federal government and provincial governments have agreed on a three-year financial framework aimed...

Published 13 Jun, 2026 06:17am

Pakistan

PTI says FY27 budget designed to benefit wealthy segments

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI) on Friday categorically rejected the federal budget for the...

Published 13 Jun, 2026 06:17am

Pakistan

Rs117.75bn allocated for education

ISLAMABAD: The federal government has allocated Rs117.75 billion for the education sector in the budget 2026-27,...

Published 13 Jun, 2026 06:17am

Pakistan

Kashmir Highway: Blockade of KP CM’s convoy by police causes severe traffic congestion

ISLAMABAD: Police on Friday stopped a convoy led by Khyber Pakhtunkhwa Chief Minister Sohail Afridi at Chungi No 26...

Published 13 Jun, 2026 06:17am

Business & Finance

KP gets PASSCO wheat: ECC approves Rs9.28bn TSGs

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved Technical Supplementary Grant...

Published 13 Jun, 2026 06:17am

Business & Finance

Rs27.58bn budgeted from 4G/5G licenses

ISLAMABAD: The government has budgeted Rs27.685 billion from 4G/ 5G licenses under the head of non-tax revenue for...

Published 13 Jun, 2026 06:17am

Pakistan

Heatwave set to ease across Sindh but light rain expected

KARACHI: The Pakistan Meteorological Department (PMD) has forecast that the prevailing heatwave conditions gripping...

Published 13 Jun, 2026 06:17am

Pakistan

Partnership, education, cooperation: UNHCR, QAU commit to advancing opportunities

ISLAMABAD: Ahead of World Refugee Day, observed globally under the theme “Until Everyone is Safe,” UNHCR and...

Published 13 Jun, 2026 06:17am

Pakistan

Death toll from AJK protest clashes rises to 20

MUZAFFARABAD: The death toll from clashes between police and members of a banned protest movement in AJK has risen...

Published 13 Jun, 2026 06:17am

Pakistan

FCC to hear Dr Aafia case on 16th

ISLAMABAD: The Federal Constitutional Court (FCC) will hear the Dr Aafia Siddiqui case, concerning contempt of court...

Published 13 Jun, 2026 06:17am

Pakistan

Nawaz Sharif performs Umrah

JEDDAH: Former prime minister and leader of the Pakistan Muslim League-Nawaz (PML-N), Nawaz Sharif, arrived in Saudi...

Published 13 Jun, 2026 06:17am

Pakistan

Two killed, several injured in Lakki Marwat blast

PESHAWAR: At least two people killed and several others injured in an explosion near a mosque in the Khairo Khel...

Published 13 Jun, 2026 06:17am

Pakistan

CM vows to eradicate child labour in Punjab

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has reiterated her unwavering commitment to eliminating child...

Published 13 Jun, 2026 06:17am

Pakistan

CM terms Federal Budget ‘relief-oriented package’

LAHORE: Punjab Chief Minister Maryam Nawaz on Friday congratulated Prime Minister Shehbaz Sharif and his team on...

Published 13 Jun, 2026 06:17am

Pakistan

UHS advocates for raising standards of scientific publishing

LAHORE: The University of Health Sciences (UHS) has launched a coordinated effort, to improve the quality,...

Published 13 Jun, 2026 06:17am

Business & Finance

LCCI terms FY27 a ‘balanced budget’

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has termed the Federal Budget 2026-27 a balanced budget...

Published 13 Jun, 2026 06:17am

Pakistan

Restoration, development of religious, historical sites under focus

LAHORE: Under the vision of Chief Minister Punjab Maryam Nawaz Sharif, special attention is being given to the...

Published 13 Jun, 2026 06:17am

Business & Finance

Finance Bill clarifies tax treatment of inherited property

ISLAMABAD: The Federal Government has introduced a significant relief measure in Finance Bill, 2026 addressing...

Published 13 Jun, 2026 06:17am

Business & Finance

Slight surge in SPI-based inflation

ISLAMABAD: The Sensitive Price Index-based inflation has surged by 0.16 percent during the week ending June 11,...

Published 13 Jun, 2026 06:17am

Business & Finance

Public Sector Development Programme: Rs21.82bn tagged for Interior Div

ISLAMABAD: The government has earmarked a sum of Rs 21.82 billion for the Interior Division for fiscal year 2026-27...

Published 13 Jun, 2026 06:17am

Pakistan

Protest demo outside parliament: Govt employees for incorporating demands into budget

ISLAMABAD: Federal government employees on Friday staged a protest demonstration outside the parliament during the...

Published 13 Jun, 2026 06:17am

Pakistan

Food security allocations cut to Rs4.18bn

ISLAMABAD: The government has allocated Rs4.183 billion for the Ministry of National Food Security and Research...

Published 13 Jun, 2026 06:17am

Business & Finance

‘Budget fell short of meeting expectations of industrial sector’

ISLAMABAD: Reacting to the federal budget, President of the Islamabad Industrial Association Omais Khattak said the...

Published 13 Jun, 2026 06:17am

Business & Finance

Faceless audit proposed for all FBR taxes

ISLAMABAD: The faceless audit and assessment system is proposed to be introduced in all the four taxes administered...

Published 13 Jun, 2026 06:17am

Business & Finance

‘Faceless’ system to modernise sales tax enforcement: expert

ISLAMABAD: The Federal Government has proposed the introduction of a faceless Audit, Assessment and Appeal system...

Published 13 Jun, 2026 06:17am

Business & Finance

Rs19.58bn earmarked for IT & telecom Div

ISLAMABAD: The government has allocated Rs19.58 billion for the Information Technology and Telecommunication...

Published 13 Jun, 2026 06:17am

Business & Finance

Budget 2026 - 27: Salient Features

GUIDING PRINCIPLES: • Strategic tariff rationalization via the National Tariff Policy (NTP) 2025-30. •...

Published 13 Jun, 2026 06:17am

Business & Finance

Three additional mango export facilities: TDAP facilitates registration with APQA-S Korea

ISLAMABAD: Trade Development Authority (TDAP), under the Ministry of Commerce, has successfully facilitated the...

Published 13 Jun, 2026 06:17am

Business & Finance

IT sector: Reduced WHT rate of 0.25pc stays

ISLAMABAD: The federal government has announced a significant relief measure for Pakistan’s information technology...

Published 13 Jun, 2026 06:17am

Business & Finance

FINANCE BILL 2026

A BILL to give effect to the financial proposals of the Federal Government for the year beginning on the first day...

Published 13 Jun, 2026 06:17am

Business & Finance

Federal Budget: Nothing for exporters, nothing for Karachi: KCCI

KARACHI: Business leaders at the Karachi Chamber of Commerce and Industry (KCCI) gave a mixed response on the...

Published 13 Jun, 2026 06:17am

Business & Finance

Small traders welcome 1pc fixed tax

KARACHI: Small traders on Friday welcomed the federal government’s proposal to introduce a fixed tax of one percent...

Published 13 Jun, 2026 06:17am

Pakistan

PM for strong security as cabinet approves budget

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday emphasised the need for strong national security as the federal...

Published 13 Jun, 2026 06:17am

Pakistan

Aurangzeb moves Finance Bill in Senate amid protest

ISLAMABAD: Finance Minister Muhammad Aurangzeb moved a copy of the Finance Bill, 2026 in the Senate on Friday amidst...

Published 13 Jun, 2026 06:17am

Business & Finance

Aurangzeb presents Rs3.675trn NDP

ISLAMABAD: The Federal Minister for Finance and Revenue Muhammad Aurangzeb on Friday presented the National...

Published 13 Jun, 2026 06:17am

Pakistan

PTI fails to forestall presentation of budget

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf’s much-hyped protest against federal budget for 2026-27 outside...

Published 13 Jun, 2026 06:17am

Business & Finance

Rs365bn proposed for communication sector

ISLAMABAD: For the upgradation and improvement of communication sector, the government has proposed an allocation of...

Published 13 Jun, 2026 06:17am

Pakistan

PM says promised relief officially begins

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said the government presented a budget of relief and public...

Published 13 Jun, 2026 06:17am

Pakistan

President approves PIA repeal bill

ISLAMABAD: President Asif Ali Zardari, on Friday, gave his assent to the Pakistan International Airlines Corporation...

Published 13 Jun, 2026 06:17am

BISP budgeted at Rs838bn

ISLAMABAD: Benazir Income Support Programme (BISP) has been budgeted at Rs 838 billion for the upcoming fiscal year...

Updated 13 Jun, 2026 09:14am

Markets

Petrol price cut by Rs4, HSD’s by Rs2

ISLAMABAD: Domestic rates of petrol and high speed diesel (HSD) have been declined in line with the drop in global...

Published 13 Jun, 2026 06:17am

21 new items to come under GST net

ISLAMABAD: The federal government has proposed a significant expansion in the scope of goods subject to sales tax on...

Updated 13 Jun, 2026 09:18am

E-resources: Tax credit equal to 10pc of investment introduced

ISLAMABAD: Finance Bill 2026 has introduced a tax credit equal to 10 percent of investment made in electronic...

Updated 13 Jun, 2026 09:18am

Major package of tax and customs tariff reforms unveiled

ISLAMABAD: The government Friday announced major package of tax and customs tariff reforms, offering relief to...

Updated 13 Jun, 2026 09:17am

Tax on export proceeds to go down to 1.25pc

ISLAMABAD: The government has proposed to reduce tax collection on export proceeds (one percent withholding tax and...

Updated 13 Jun, 2026 09:14am

WHT reduced on foreign payments via debt, credit cards

KARACHI: In a major move to promote the digital transitions, the federal government has announced to reduce the...

Updated 13 Jun, 2026 09:12am

USD23.37bn foreign assistance budgeted

ISLAMABAD: The government has budgeted foreign assistance of USD 23.378 billion at the dollar rate of Rs 290 -...

Updated 13 Jun, 2026 09:11am

World

Iran FM says draft US deal to be signed 'remotely', possibly in 'coming days'

This could happen in the coming days. I am very hopeful

Published 13 Jun, 2026 03:41am

World

Iran and US say deal closer than ever

US President Donald Trump has repeatedly insisted that a deal was all but signed

Published 13 Jun, 2026 03:36am

Business & Finance

Govt cuts petrol price by Rs4, diesel by Rs2 per litre

New prices come into effect from midnight

Updated 12 Jun, 2026 11:42pm

Technology

IT exporters, freelancers laud govt's decision to maintain Final Tax Regime at 0.25%

Auto experts appreciate FED on imported SUVs

Published 12 Jun, 2026 10:54pm

Business & Finance

OICCI raises ‘serious concerns’ over FY27 budget

The Overseas Investors Chamber of Commerce and Industry (OICCI) welcomed the Federal Budget 2026–27, terming it a...

Published 12 Jun, 2026 10:30pm

Business & Finance

Business leaders offer mixed response to Budget 2026-27

Business chambers and industrialists expressed mixed views about the federal budget 2026-27, while dubbing it...

Published 12 Jun, 2026 10:16pm

Business & Finance

Tax-free income threshold remains unchanged, but salaried group welcomes relief

The Salaried Class Alliance Pakistan (SCAP) has welcomed the tax relief for individual wage earners announced...

Updated 13 Jun, 2026 01:01am

Pakistan

PM Shehbaz says final Iran-US peace deal text has been agreed

Describes the development as the closest the sides have come to ending months of conflict

Published 12 Jun, 2026 09:57pm

World

Trump bristles over memorandum text that appears to favour Iran

Iran demands that Israel end its aggression against Hezbollah

Published 12 Jun, 2026 08:50pm

Pakistan

PML-N announces to support PPP to form govt in GB

Says PML-N to sit in opposition, but its lawmakers will vote for PPP to form govt

Updated 12 Jun, 2026 10:11pm

Markets

India palm oil imports edge higher in May, remain below average

India’s palm oil imports in May were up 7% from April to 549,356 metric tons

Published 12 Jun, 2026 08:40pm

Markets

Key highlights of Pakistan budget for FY2026-27

Pakistan government unveiled on Friday Rs18.771 trillion budget for the fiscal year 2026-27, targeting a GDP growth...

Updated 12 Jun, 2026 09:20pm

Business & Finance

Released claims: Zia Chishti restrained from pursuing litigation at any forum till July 1

TRG Pakistan Limited on Friday stated that it has received a copy of an order issued on 10 June 2026 by the United...

Published 12 Jun, 2026 08:31pm

Markets

S&P 500 volatile in choppy trading; Mideast deal, SpaceX debut in focus

Dow Jones Industrial Average rose 175.90 points, or 0.35%, to 51,027.28

Published 12 Jun, 2026 08:15pm

Business & Finance

Global liquor companies chase Indian state dues of $400 million

The state government pays off new dues early from this month, while old debts pile up

Published 12 Jun, 2026 08:15pm

Markets

India markets regulator to review delisting framework to ease exits

SEBI will also work with other regulators to simplify know-your-customer rules for non-resident Indians

Published 12 Jun, 2026 08:15pm

World

Iran's foreign minister says Islamabad memorandum has 'never been closer'

Araqchi says Iran would share all details with the public in due course

Published 12 Jun, 2026 08:07pm

World

Air India crash: one year on, no final report timeline as families seek answers

One year after the June 12, 2025 crash, it is met with scepticism from some families

Published 12 Jun, 2026 07:52pm

Editorials

The Budget

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

Updated 13 Jun, 2026 06:44am

Editorials

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

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

Published 12 Jun, 2026 06:08am

Editorials

Breaking the cycle of acid attacks

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

Published 12 Jun, 2026 06:08am

Editorials

The high cost of easy revenues

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

Published 11 Jun, 2026 05:06am

Editorials

Budget: getting close to plugging the gap

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

Updated 11 Jun, 2026 06:52am

Editorials

Budget delayed, budget denied?

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

Published 10 Jun, 2026 05:53am

Editorials

A fragile truce

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

Published 10 Jun, 2026 05:53am

Editorials

Taxing traders: a political test

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

Published 09 Jun, 2026 04:58am

Editorials

A long-overdue harvest of common sense

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

Published 09 Jun, 2026 04:58am

Editorials

Budget 26-27: Stabilisation fatigue is now setting in

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

Updated 08 Jun, 2026 08:02am

Editorials

CPEC outcome

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

Published 08 Jun, 2026 02:29am

Editorials

The death of white gold

EDITORIAL: Punjab’s cotton acreage has fallen to its lowest level in nearly six decades, while national production...

Published 07 Jun, 2026 05:11am

Editorials

The organ trade scandal

EDITORIAL: The revelations emerging from the Supreme Court regarding illegal organ transplantation in Punjab expose...

Published 07 Jun, 2026 05:11am

Editorials

Worrisome export fall

EDITORIAL: When the Uraan Pakistan initiative was launched at the tail end of 2024, it envisioned transforming the...

Updated 06 Jun, 2026 06:57am

Editorials

Pakistan’s investment climate: confidence in short supply

EDITORIAL: Pakistan’s investment climate was already struggling long before the latest Business Confidence Index...

Updated 06 Jun, 2026 12:09pm

Editorials

Widening trade deficit

EDITORIAL: Trade deficit July-May 2026 widened to negative 34.758 billion dollars against negative 29.585 billion...

Published 05 Jun, 2026 05:48am

Editorials

Terrorism’s dangerous momentum

EDITORIAL: Pakistan recorded 128 terrorist attacks in May, up 27 percent from April, while civilian deaths rose by...

Published 05 Jun, 2026 05:48am

Editorials

A disturbing tally

EDITORIAL: The disclosure before the Lahore High Court, during the recent hearing of a petition seeking the recovery...

Published 05 Jun, 2026 05:48am

Editorials

Budget postponement raises multiple questions

EDITORIAL: In a press release dated 29 May President Asif Ali Zardari summoned the budget session of the National...

Updated 04 Jun, 2026 12:56pm

Editorials

The cost of impunity

EDITORIAL: The latest escalation of Israeli military operations in southern Lebanon, despite a US-brokered ceasefire...

Updated 04 Jun, 2026 06:48am

Editorials

The plight of PSDP

EDITORIAL: The allocation for next year’s Public Sector Development Programme (PSDP), a prime mover of the country’s...

Published 03 Jun, 2026 02:34am

Editorials

Water cannot be weaponised

EDITORIAL: India’s attempt to weaken the sanctity of the Indus Waters Treaty has elevated a long-standing bilateral...

Published 03 Jun, 2026 02:34am

Editorials

When taxes punish formal businesses

EDITORIAL: While the minister of state for finance has assured a traders’ delegation during recently held...

Updated 02 Jun, 2026 05:37am

Editorials

Defined Contributory Pension

EDITORIAL: Reports suggest that the government intends to implement the Defined Contributory Pension (DCP) in the...

Updated 02 Jun, 2026 05:41am

Editorials

Undoing NFC Award’s population bias

EDITORIAL: A rare political consensus is emerging around one of Pakistan’s most sensitive fiscal questions: whether...

Updated 01 Jun, 2026 05:40am

Editorials

The pope’s AI’s warning

EDITORIAL: Pope Leo XIV’s first encyclical “Magnificent Humanity” arrives as a timely moral reckoning with the...

Updated 01 Jun, 2026 05:45am

Editorials

A very harsh annual budget in the offing?

EDITORIAL: The International Monetary Fund (IMF) concluded its mission to Pakistan (13 to 20 May) and in a press...

Published 31 May, 2026 02:34am

Editorials

Bracing for Super El Nino

EDITORIAL: From record-breaking heat waves and destructive floods to prolonged droughts and crop failures, Pakistan...

Published 31 May, 2026 02:34am

Editorials

The cost of mismanagement

EDITORIAL: Pakistan’s mega dam projects are once again becoming case studies in the same institutional failures that...

Updated 30 May, 2026 06:09am

Editorials

An impossible bargain

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

Updated 30 May, 2026 07:33am

Editorials

Slow death of a city of teeming millions

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

Published 27 May, 2026 03:13am

Editorials

Arrogance of impunity

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

Updated 27 May, 2026 04:19am

Editorials

Oil smuggling: a dangerous parallel market

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

Updated 26 May, 2026 07:27am

Editorials

Quetta bombing: terrorism continues to pose a grave threat

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

Updated 26 May, 2026 07:30am

Editorials

A new policy for the automobile sector

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

Updated 25 May, 2026 07:02am

Editorials

Tax collection: a system designed to fail

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

Updated 25 May, 2026 08:03am

Editorials

Law, deterrence and mental health

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

Published 24 May, 2026 02:23am

Editorials

Relentless terror in KP

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

Published 24 May, 2026 02:23am

Editorials

Rebound in textile exports

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

Updated 23 May, 2026 06:26am

Editorials

A welcome award on Indus waters

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

Published 23 May, 2026 05:43am

Editorials

Balochistan’s minerals sector gets security boost

EDITORIAL: Prime Minister Shehbaz Sharif’s recent directive to deploy the Frontier Corps across Balochistan’s...

Published 22 May, 2026 06:05am

Editorials

Licensed cruelty

EDITORIAL: Senator Sherry Rehman has performed an important public service by exposing the grim reality hidden...

Published 22 May, 2026 06:05am

Editorials

Push for boosting provincial resources

EDITORIAL: The federal government has urged the provincial governments to increase own-resources and emphasised the...

Published 21 May, 2026 05:01am

Editorials

NAB reform now imperative

EDITORIAL: Among the many findings and recommendations put forward by the IMF’s Governance and Corruption Diagnostic...

Updated 21 May, 2026 05:43am

Editorials

A step forward, but on paper

EDITORIAL: The passage of the Domestic Workers Welfare Bill, 2025, by the Sindh Assembly, is undoubtedly a welcome...

Updated 21 May, 2026 05:42am

Editorials

China’s consent to revise IPP deals

EDITORIAL: The Pakistan government is making efforts to persuade the Chinese Independent Power Producers (IPPs),...

Published 20 May, 2026 02:34am

Editorials

The end of the unipolar moment

EDITORIAL: Donald Trump arrived in Beijing seeking strategic relief and left with little more than carefully staged...

Published 20 May, 2026 02:34am

Editorials

Gulf dependence clouds remittance outlook

EDITORIAL: The latest figures released by the State Bank of Pakistan present a mixed picture of the country’s...

Updated 19 May, 2026 06:24am

Editorials

Generating electricity from waste: better late than never

EDITORIAL: Prime Minister Shehbaz Sharif’s directive to prepare a roadmap for generating electricity from solid...

Updated 19 May, 2026 12:57pm

Editorials

Privilege in custody

EDITORIAL: The recent controversy surrounding the arrest of an alleged drug dealer, Pinky, in Karachi has once again...

Updated 19 May, 2026 06:22am

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 12	160.24
USD to Swiss Franc / Jun 12	0.80
Pound Sterling to USD / Jun 12	1.34
Euro to USD / Jun 12	1.16
SOFR % / Jun 12	3.63

Stock	Volume
S&P 500 / Jun 12	7,431.46
India Sensex / Jun 12	75,527.95
Tokyo Nikkei / Jun 12	66,020.04
Nasdaq / Jun 12	25,888.84
Hang Seng / Jun 12	24,718.10
FTSE 100 / Jun 12	10,471.72
Dow Jones / Jun 12	51,202.26
Germany DAX 30 / Jun 12	24,635.30
France CAC40 / Jun 12	8,350.87

Item	Value
Crude Oil USD/Barrel / Jun 12	84.88
Karachi Cotton PKR/37.32 KG / Jun 12	21,780
Gold 10 Grams PKR / Jun 12	375,947
Gold Spot USD/Ounce / Jun 12	4,219.33
Cotton US¢/pound / Jun 12	76.42
Petrol/Litre / Jun 13	373.78
Diesel/Litre / Jun 13	378.78

Stock	Price
Arctic Textile / Jun 12 Arctic Textile Mills Limited(ARCTM)	33.75 ▲ 3.07 (10.01%)
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37.02 ▲ 3.37 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Int. Knit. / Jun 12 International Knitwear Limited(INKL)	92.20 ▲ 8.38 (10%)
Siddiqsons Tin / Jun 12 Siddiqsons Tin Plate Limited(STPL)	8.44 ▲ 0.73 (9.47%)
IGI Holdings / Jun 12 IGI Holdings Limited(IGIHL)	284.15 ▲ 23.93 (9.2%)
Leiner Pak Gelat / Jun 12 Leiner Pak Gelatine Limited(LPGL)	100.33 ▲ 8.38 (9.11%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Pak Agro Pack. (GEM) / Jun 12 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.45 ▼ -1 (-9.57%)
Pak Qatar Family / Jun 12 Pak Qatar Family Takaful Limited(PAKQATAR)	22.19 ▼ -2.28 (-9.32%)
ARM Green Industries / Jun 12 ARM Green Industries Limited(ARMG)	46.40 ▼ -4.77 (-9.32%)
Power Cem(Pref) / Jun 12 Power Cement (Pref)(POWERPS)	23.80 ▼ -2.36 (-9.02%)
East West Ins. / Jun 12 East West Insurance Company Limited(EWIC)	48.54 ▼ -4.42 (-8.35%)
Unicap Modaraba / Jun 12 Unicap Modaraba(UCAPM)	5.20 ▼ -0.45 (-7.96%)
Pak Qatar Gen.Takaful / Jun 12 Pak Qatar General Takaful Limited(PQGTL)	15.42 ▼ -1.33 (-7.94%)
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	20.42 ▼ -1.72 (-7.77%)

Stock	Volume
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	57,747,470 ▲ 0.15
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	52,924,034 ▲ 0.93
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	52,648,271 ▲ 0.45
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	40,511,471 ▲ 0
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	35,896,472 ▲ 4.01
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	33,427,696 ▼ -1.72
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	28,855,016 ▼ -0.02
TPL Corp Ltd / Jun 12 TPL Corp Limited(TPL)	25,681,007 ▼ -0.82
Pak Int.Bulk / Jun 12 Pakistan International Bulk Terminal(PIBTL)	24,755,100 ▲ 0.24
Waves Home Appliances / Jun 12 Waves Home Appliances Limited(WAVESAPP)	20,120,122 ▲ 0.31

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