Markets RDA inflow registers significant growth of 29%, clocks in at $182mn in March Inflow through the Roshan Digital Account (RDA) clocked in at $182 million in March, a significant jump of over 29%... Published 25 Apr, 2024 04:11pm
Life & Style One event of Anant Ambani-Radhika Merchant wedding to take place in London: report Anant Ambani – son of billionaire Mukesh Ambani – is set to tie the knot with Radhika Merchant, and one event of the... Published 25 Apr, 2024 03:48pm
Markets Indian rupee ends flat, forward premiums tick up as focus turns to US economic data MUMBAI: The Indian rupee ended largely unchanged on Thursday, wedged between a decline in most of its Asian peers... Published 25 Apr, 2024 03:29pm
Markets Post-results gains in Axis Bank, Nestle boost Indian shares BENGALURU: Indian shares gained for a fifth consecutive session on Thursday, led by post-earnings gains in key... Published 25 Apr, 2024 03:26pm
Life & Style Klimt’s ‘Portrait of Miss Lieser’ fetches $32mn at auction VIENNA: Gustav Klimt’s ‘Portrait of Miss Lieser’, a painting of a young woman left unfinished when the Austrian... Published 25 Apr, 2024 02:33pm
Markets Major Gulf markets edge higher on corporate earnings Major stock markets in the Gulf inched up in early trade on Thursday as investors shifted focus to corporate... Published 25 Apr, 2024 01:52pm
World Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons KUALA LUMPUR: Former Malaysian Prime Minister Mahathir Mohamad is among individuals being investigated in connection... Published 25 Apr, 2024 01:48pm
World 93 arrested at LA university pro-Palestinian protest for trespassing LOS ANGELES: Ninety-three people were arrested Wednesday at the University of Southern California’s Los Angeles... Published 25 Apr, 2024 01:40pm
World Ukraine drone kills two in frontline region, Russian official says MOSCOW: A senior Russian proxy official in the occupied Ukrainian region of Zaporizhzhia said Thursday that two... Published 25 Apr, 2024 01:34pm
Business & Finance Sanofi profit slips on generic competition and currency effects Sanofi’s first-quarter operating income fell 14.7% as currency effects and cheap competition to its multiple... Published 25 Apr, 2024 01:28pm
World UAE economy grew 3.3% in first nine months of 2023 DUBAI: The United Arab Emirates (UAE) economy grew 3.3% in the first nine months of 2023, preliminary GDP data from... Published 25 Apr, 2024 01:21pm
Markets Japan rubber futures log third straight fall to close at seven-week low SINGAPORE: Japanese rubber futures declined for a third straight session to close at a seven-week low on Thursday,... Published 25 Apr, 2024 01:17pm
World Ukraine’s Zelenskiy meets Britain’s Jeremy Hunt in Kyiv KYIV: Ukrainian President Volodymyr Zelenskiy said on Thursday he met British finance minister Jeremy Hunt in Kyiv... Published 25 Apr, 2024 01:13pm
Markets Gold price per tola increases Rs500 in Pakistan Gold prices advanced in Pakistan on Thursday, in line with an increase in the international rate. In the local... Updated 25 Apr, 2024 01:59pm
Business & Finance AstraZeneca leaps after smashing first quarter forecasts AstraZeneca sailed past market expectations for quarterly revenue and profit on Thursday, boosted by demand for its... Published 25 Apr, 2024 01:08pm
Markets European stock markets mixed at open LONDON: Europe’s main stock markets opened mixed Thursday, with London reaching a record high for a third session... Published 25 Apr, 2024 12:54pm
Markets FTSE 100 hits record high on big mining M&A, earnings push Britain’s FTSE 100 hit a record high on Thursday as miner Anglo American surged on a buyout offer from BHP Group,... Published 25 Apr, 2024 12:50pm
Life & Style Ambani’s JioCinema cuts subscription prices as India’s streaming war heats up JioCinema, the streaming platform run by India’s Reliance Industries, on Thursday cut prices of its premium offering... Updated 25 Apr, 2024 02:16pm
Markets Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24 Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,... Updated 25 Apr, 2024 02:55pm
Markets Intra-day update: KSE-100 retreats after positive start The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index retreated after a positive start on Thursday, as... Updated 25 Apr, 2024 03:45pm
Business & Finance Barclays Q1 profit falls 12% as mortgage competition, deals drought hit LONDON: Barclays reported a 12% fall in first quarter profit on Thursday, as a squeeze on UK mortgage pricing, lower... Published 25 Apr, 2024 12:00pm
Markets South African rand little changed before producer inflation data JOHANNESBURG: The South African rand was little changed in early trade on Thursday, as traders looked ahead to the... Published 25 Apr, 2024 11:56am
Business & Finance Unilever beats quarterly sales growth forecasts Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s... Published 25 Apr, 2024 11:54am
World In China, Blinken urges fair treatment of American companies SHANGHAI: U.S. Secretary of State Antony Blinken on Thursday called on China to provide a level playing field for... Published 25 Apr, 2024 11:24am
Markets Iron ore extends rise on persistent China demand hopes; profit-taking caps gains BEIJING: Iron ore futures prices extended their rise for a second straight session on Thursday, supported by... Published 25 Apr, 2024 11:17am
Markets Indian bond yields flattish as hunt for cues continues MUMBAI: Indian government bond yields were largely unchanged in early trading on Thursday, as traders await fresh... Published 25 Apr, 2024 11:13am
Sports Osaka doing her homework on clay ahead of French Open Naomi Osaka picked up her first win on clay in two years on Wednesday and while the former world number one is... Published 25 Apr, 2024 11:10am
Markets China’s yuan inches lower, a whisker away from daily downside limit SHANGHAI: China’s yuan on Thursday inched lower against the dollar and traded just a fraction outside the daily... Published 25 Apr, 2024 11:08am
Markets The Organic Meat Company secures another $4mn export contract to UAE firm Pakistani meat processor The Organic Meat Company Limited (TOMCL) said it has secured another multi-million dollar... Updated 25 Apr, 2024 03:30pm
Business & Finance BNP Paribas profit tops estimates on lower costs and global banking PARIS: BNP Paribas reported a fall in first-quarter profit and revenue on Thursday but beat analyst forecasts, as... Published 25 Apr, 2024 11:04am
Business & Finance Nestle misses quarterly sales estimates LONDON: Nestle on Thursday missed first-quarter organic sales growth estimates as the world’s biggest packaged food... Published 25 Apr, 2024 10:53am
Business & Finance Deutsche Bank posts better-than-expected 10% rise in Q1 net profit FRANKFURT: Deutsche Bank posted on Thursday a better-than-expected 10% rise in first-quarter profit as a resurgence... Published 25 Apr, 2024 10:50am
Business & Finance Hyundai Motor’s Q1 profit drops 2.4%, beats forecasts SEOUL: South Korea’s Hyundai Motor Co reported on Thursday a drop of 2.4% in first-quarter profit, beating analysts... Published 25 Apr, 2024 10:46am
Markets Rupee sustains minor loss against US dollar Currency settles at 278.48 in inter-bank market Updated 25 Apr, 2024 04:18pm
Markets Palm oil extends decline on weaker rivals, higher production SINGAPORE: Malaysian palm oil futures extended losses to a second consecutive session on Thursday, weighed down by... Published 25 Apr, 2024 10:43am
Markets Tokyo stocks end lower after Meta results TOKYO: Tokyo stocks ended lower on Thursday with investors spooked by Facebook parent Meta’s disappointing business... Updated 25 Apr, 2024 12:47pm
Markets Kotak Mahindra Bank, consumer stocks drag Indian shares lower BENGALURU: India’s benchmark indexes fell on Thursday as financials weighed, dragged down by Kotak Mahindra Bank,... Published 25 Apr, 2024 10:39am
Markets Mainland China stocks rise as sentiment improves; Hong Kong ends at 5-month high SHANGHAI: Mainland China stocks ended higher on Thursday and Hong Kong closed at a five-month high, as sentiment... Updated 25 Apr, 2024 01:50pm
Markets Gold dips on profit-taking as price rally falters Gold prices slipped on Thursday as investors booked profits after a sustained rally and pressure from institutional... Published 25 Apr, 2024 10:34am
Markets Copper rises on funds inflow, potential supply shortage Copper prices edged higher on Thursday, as the metals market saw an extended inflow of money through investment... Published 25 Apr, 2024 10:32am
Markets Stocks hit by tech slump; yen flails at intervention zone SINGAPORE: Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms... Published 25 Apr, 2024 10:30am
Markets Markets wary of intervention as yen struggles at 155 level SINGAPORE: The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off... Published 25 Apr, 2024 10:27am
Markets Oil steady as US demand concerns balance Middle East conflict risks LONDON: Oil steadied on Thursday after settling lower the previous day as signs of retreating fuel demand in the... Updated 25 Apr, 2024 04:50pm
Life & Style After severe backlash, Malala condemns Israeli government for ‘war crimes’ Education activist and producer Malala Yousafzai issued a statement on Thursday, condemning the Israeli government... Updated 25 Apr, 2024 12:13pm
BR Research HBL profits: Strong and steady Pakistan’s largest commercial bank, HBL started 2024 from where it left off in 2023. Another record quarterly profit... Published 25 Apr, 2024 09:05am
BR Research PRL in 9MFY24 Pakistan Refinery Limited (PSX: PRL) has seen significant growth in its bottom line for the nine months of FY24.... Published 25 Apr, 2024 09:01am
BR Research Sazgar Engineering Works Limited Sazgar Engineering Works Limited (PSX: SAZEW) was incorporated in Pakistan as a private limited company in 1991 and... Published 25 Apr, 2024 08:58am
World UN launches fund to shield displaced people from climate shocks GENEVA: The United Nations said Wednesday it was launching a new Climate Resilience Fund aimed at boosting... Published 25 Apr, 2024 03:05am
Pakistan The Weather KARACHI: The weather report on Wednesday (April 24, 2024) and the forecast for Thursday (April 25, 2024)... Published 25 Apr, 2024 03:05am
Pakistan Rs1m cheque given to KPC: Steps taken to clear outstanding dues of media houses: Tarar KARACHI: Federal Minister for Information and Broadcasting Attaullah Tarar on Wednesday said media in the country ... Published 25 Apr, 2024 03:05am
World Columbia extends protest deadline after students agree to dismantle some tents NEW YORK: Columbia University students agreed to take down “a significant number” of the dozens of tents set up... Published 25 Apr, 2024 03:05am
World US quietly shipped long-range ATACMS missiles to Ukraine WASHINGTON: The United States in recent weeks secretly shipped long-range missiles to Ukraine for use in its battle... Published 25 Apr, 2024 03:05am
World Russia detains deputy of defence minister MOSCOW: Russian security services detained one of Defence Minister Sergei Shoigu’s deputies on suspicion of taking... Published 25 Apr, 2024 03:05am
World Israel launches ‘offensive action’ in Lebanon as Gaza pummelled JERUSALEM: Israel said Wednesday its forces were carrying out “offensive action” in Lebanon after launching... Published 25 Apr, 2024 03:05am
Pakistan Pak envoy in Kabul spells out challenges facing Pakistan ISLAMABAD: Pakistan’s Special Representative on Afghanistan Ambassador Asif Durrani on Wednesday highlighted that... Published 25 Apr, 2024 03:05am
Pakistan NA: Delay in formation of house panels causes concern ISLAMABAD: The inordinate delay in constituting the standing committees echoed in the National Assembly on Wednesday... Published 25 Apr, 2024 03:05am
Pakistan New yet incomplete Senate to meet today ISLAMABAD: With 11 seats of Khyber Pakhtunkhwa Assembly still lying vacant in the Senate, following the postponement... Published 25 Apr, 2024 03:05am
Pakistan Maryam approves ‘Own Roof…Own Home’ project LAHORE: Chief Minister Punjab Maryam Nawaz Sharif, while approving “Apni Chhat... Apna Ghar (Own Roof…Own... Published 25 Apr, 2024 03:05am
Pakistan Two PTI-backed independent MNAs: LHC sets aside notices of ECP LAHORE: The Lahore High Court on Wednesday set aside notices of the Election Commission of Pakistan (ECP) issued to... Published 25 Apr, 2024 03:05am
Pakistan Punjab PA demands resolution of issues facing farmers LAHORE: The Punjab Assembly session on Wednesday saw members from both opposition and treasury benches raising their... Published 25 Apr, 2024 03:05am
Pakistan Pak-China Business Council team visits Nawaz Sharif IT City to explore investment opportunities LAHORE: A high-profile delegation from the Pak-China Business Council, led by Christine Liu Lie, General Manager of... Published 25 Apr, 2024 03:05am
Pakistan RUDA launches operation against tire-burning factories LAHORE: In a move towards environmental preservation, the Ravi Urban Development Authority (RUDA) has launched an... Published 25 Apr, 2024 03:05am
Pakistan All uplift schemes: GIS mapping to be conducted LAHORE: The Lahore district administration has decided to carry out GIS (Geographic Information System) mapping of... Published 25 Apr, 2024 03:05am
Pakistan TEVTA and PSA sign MoU LAHORE: The MoU ceremony between Tevta and Pakistan Solar Association was held at Tevta Secretariat Lahore. Chairman... Published 25 Apr, 2024 03:05am
Pakistan Increased govt-private sector collaboration sought ISLAMABAD: The collaboration between the government and the private sector can unlock new opportunities, attract... Published 25 Apr, 2024 03:05am
Pakistan $400m HEDP restructuring project: World Bank’s help sought ISLAMABAD: The government has requested the World Bank for restructuring of Higher Education Development in Pakistan... Published 25 Apr, 2024 03:05am
Pakistan IHC issues notices to Islamabad officials as ‘naan bais’ challenge cut in ‘roti’ price ISLAMABAD: The Islamabad High Court (IHC), Wednesday, issued notices to Islamabad chief commissioner and others in a... Published 25 Apr, 2024 03:05am
Pakistan PPP urges opposition parties to engage in dialogue ISLAMABAD: Pakistan People’s Party (PPP) spokesperson Faisal Karim Kundi urged the opposition parties to engage in... Published 25 Apr, 2024 03:05am
Pakistan Climate change termed biggest challenge for the planet LAHORE: Terming the climate change as the biggest challenge facing the planet, the Punjab governor Muhammad Balighur... Published 25 Apr, 2024 03:05am
Pakistan Pakistan, Portugal discuss wide range of bilateral, regional issues ISLAMABAD: National Assembly Speaker Ayaz Sadiq has said that Pakistan and Portugal enjoy a multifaceted and ... Published 25 Apr, 2024 03:05am
Pakistan Civilians held in military custody: SC urged to immediately form larger bench ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) and family members of the prisoners demanded Supreme Court of Pakistan... Published 25 Apr, 2024 03:05am
Pakistan Timor-Leste delegation visits BISP ISLAMABAD: Secretary Benazir Income Support Programme (BISP) Amer Ali Ahmad hosted a 12-member delegation from the... Published 25 Apr, 2024 03:05am
Pakistan Tobacco production in LIFDCs cause of concern: study ISLAMABAD: Pakistan falls under the category of low-income food-deficit countries (LIFDCs), which is among top 10... Published 25 Apr, 2024 03:05am
Pakistan UNDP Assistant Secretary General calls on Foreign Minister: FO ISLAMABAD: The United Nations Development Programme (UNDP) Assistant Secretary General (ASG), Kanni Wignaraja, ... Published 25 Apr, 2024 03:05am
Pakistan Zardari for further strengthening Sino-Pak ties ISLAMABAD: President Asif Ali Zardari has said that there is a need to further strengthen relations with China in ... Published 25 Apr, 2024 03:05am
Pakistan Illegal import of artificial leather worth Rs220m detected KARACHI: Directorate of Customs Intelligence, Karachi has detected a massive scheme involving the illegal import of... Published 25 Apr, 2024 03:05am
Pakistan ICAs against ‘military courts verdict’: SC refers matter to committee constituting larger bench ISLAMABAD: The Supreme Court (SC) bench hearing intra-court appeals (ICAs) against its own judgment on military... Published 25 Apr, 2024 03:05am
World Maldives vows China-backed building boom, Indians out MALÉ, (Maldives): The Maldives will press on with Chinese-backed construction and evict Indian troops from the... Published 25 Apr, 2024 03:05am
Editorials Energising the SME sector EDITORIAL: In yet another bid to encourage the growth of small and medium-sized enterprises (SMEs), the government... Published 25 Apr, 2024 03:05am
Editorials Chronic power defaulters EDITORIAL: So, once again the government faces the “challenging task” of extracting recoveries – this time more than... Published 25 Apr, 2024 03:05am
Editorials Increasing violence EDITORIAL: During the recent days terrorists have attacked seemingly unusual targets while seeking to undermine this... Published 25 Apr, 2024 03:05am
Business & Finance Upcoming budget: Experts support stabilisation reforms ISLAMABAD: In the context of a forthcoming IMF program and upcoming budget for FY 2024-2035, economic minds on... Updated 25 Apr, 2024 08:54am
Business & Finance Ministers to discuss trade issues with KCCI: PM to announce relief package on May 1 KARACHI: Prime Minister Shehbaz Sharif, after listening to the grievances highlighted by the Karachi Chamber,... Updated 25 Apr, 2024 09:19am
Print Joint statement: Islamabad, Tehran agree to seal FTA ISLAMABAD: Pakistan and Iran have agreed to expeditiously finalise a Free Trade Agreement (FTA) and to further... Updated 25 Apr, 2024 09:40am
Print Investment and loss reduction: KE’s 7-year plan approved by Nepra ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a seven-year (2023- 29) KE... Updated 25 Apr, 2024 08:59am
Print Net metering power: Govt mulling bringing buyback rates down to Rs11/unit from Rs21 Current trend has misbalanced govt's plan to pay capacity charges, sources say Updated 25 Apr, 2024 10:07am
Print NTDC bars CE (DTLP) from discussing tender of Dasu-ISW ISLAMABAD: National Transmission and Despatch Company (NTDC) has reportedly barred its Chief Engineer (DTLP) from... Updated 25 Apr, 2024 09:19am
Print Liquidation of certain appellate fora: Cabinet approves amendments to tax laws Cabinet informed that FBR had been constantly trying to ensure prompt disposal of litigation cases Updated 25 Apr, 2024 09:42am
Print Tax law amendment bill introduced in NA ISLAMABAD: The government, Wednesday, introduced the Tax Law Amendment Bill, 2024, in the National Assembly,... Updated 25 Apr, 2024 08:53am
Pakistan PM vows to deal with challenges facing Sindh govt KARACHI: Prime Minister Shehbaz Sharif, on Wednesday chaired a meeting with Sindh Chief Minister Murad Ali Shah, and... Updated 25 Apr, 2024 08:54am
Print FBR’s POS system: 1,680 Tier-1 retailers told to integrate by May 31st ISLAMABAD: The Federal Board of Revenue (FBR) has directed 1,680 Tier-1 (big) retailers to integrate with the FBR’s... Updated 25 Apr, 2024 09:00am
Print Talks with IMF: Blome expresses optimism ISLAMABAD: The United States Ambassador to Pakistan Donald Blome commended the new economic team of Pakistan and... Updated 25 Apr, 2024 09:00am
Business & Finance Construction of vital trade corridor will begin next week: minister LAHORE: Punjab’s Minister for Communication and Works, Sohaib Ahmad Bharath, announced plans to commence the... Published 25 Apr, 2024 03:05am
Business & Finance DRAP asks drug makers, importers to comply with guidelines ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has directed the local pharmaceutical industry and drug... Published 25 Apr, 2024 03:05am
Business & Finance Tax-related disputes: SOEs allowed to adopt ADR facility before litigation ISLAMABAD: The government has decided to allow state-owned enterprises (SOEs) to first avail the facility of the... Published 25 Apr, 2024 03:05am
Business & Finance Insurance sector: SECP advocates adoption of IFRS-17 KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) held a seminar in collaboration with Asian... Published 25 Apr, 2024 03:05am
Business & Finance Pakistan misses wheat production target Estimated production at 29.69 million tons against set target of 32.2 million for the Rabi Season 2023-2024 Updated 25 Apr, 2024 12:40pm
World Israel says ‘moving ahead’ with Rafah operation in Gaza JERUSALEM: Israel said Wednesday it is “moving ahead” with its planned operation in the southern Gaza city of Rafah,... Published 24 Apr, 2024 10:15pm
World Biden says Israel must allow aid to Palestinians ‘without delay’ WASHINGTON: President Joe Biden on Wednesday demanded that new humanitarian aid be allowed to immediately reach... Published 24 Apr, 2024 10:07pm
World India inspects plants of spice makers MDH, Everest over alleged contamination BENGALURU: India is inspecting facilities of spice makers MDH and Everest for compliance with quality standards... Published 24 Apr, 2024 09:46pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?