Markets Australia, NZ dollars bow to yen strength, gain ground on dollar SYDNEY: The Australian and New Zealand dollars are headed for heavy weekly losses on the yen but gained ground on... Published 03 May, 2024 11:24am
Markets Gold set for second weekly fall; US payrolls on investors’ radar Gold prices were poised for a second straight weekly decline, although bullion held steady on Friday as investors... Published 03 May, 2024 11:19am
Sports Iga Swiatek, Aryna Sabalenka set up 1-2 final at Madrid The top two players in the world are booked for the final of the Mutua Madrid Open. After World No. 1 Iga Swiatek of... Published 03 May, 2024 11:16am
Markets Palm oil opens lower, set for fourth consecutive weekly loss KUALA LUMPUR: Malaysian palm oil futures opened lower on Friday, tracking weakness in Chicago soyoil, and set for a... Published 03 May, 2024 11:10am
World India’s opposition Congress leader Rahul Gandhi to contest elections from Raebareli too NEW DELHI: India’s main opposition Congress party said on Friday that Rahul Gandhi, the face of the party and its... Published 03 May, 2024 11:06am
World Russia expects to stop imports of lithium, other scarce metals by 2030, TASS reports Russia expects to eliminate its dependence on imports of 12 scarce types of metals including lithium and rare earths... Published 03 May, 2024 10:59am
Business & Finance Thai April inflation rises slightly, first time in 7 months BANGKOK: Thailand’s headline consumer price index (CPI) rose 0.19% in April from a year earlier, versus a 0.47%... Published 03 May, 2024 10:55am
World High security in India’s Manipur on anniversary of ethnic clashes GUWAHATI: Security forces were on heightened alert in India’s troubled northeastern state of Manipur on Friday, the... Published 03 May, 2024 10:51am
Sports T20 bowlers must adapt or get left behind, New Zealand’s Southee says MELBOURNE: The mountain of runs being scored in the Indian Premier League (IPL) shows Twenty20 cricket is changing... Published 03 May, 2024 10:44am
Markets Buying returns to PSX, KSE-100 moves past 71,000 After some days of selling pressure, positivity returned to the Pakistan Stock Exchange (PSX) amid developments on... Updated 03 May, 2024 11:39am
World US Defence Secretary says there was no indication Hamas planning attack on US troops HONOLULU: US Defence Secretary Lloyd Austin said on Thursday he did not see any indication Hamas was planning any... Published 03 May, 2024 10:38am
Markets Intra-day update: rupee appreciates marginally against US dollar Currency hovers at 278-279 level in inter-bank market Published 03 May, 2024 10:36am
Markets Asian stocks surge; yen extends gains to cap wild week SINGAPORE: Asian stocks surged to their highest in 15 months on Friday led by tech and Hong Kong stocks, while the... Published 03 May, 2024 10:34am
Markets Soybeans, corn head for weekly gains as floods hit Brazil CANBERRA: Chicago soybean and corn futures rose on Friday and were set for their second consecutive weekly gains as... Published 03 May, 2024 10:29am
Markets UAE’s April non-oil business activity slows sharply on flood impact, PMI shows DUBAI: Growth in the United Arab Emirates’ non-oil business sector eased to its lowest level in eight months in... Published 03 May, 2024 10:26am
Pakistan At least 20 killed, 21 injured after bus falls into ravine in KPK’s Chilas Dead include three women Updated 03 May, 2024 11:11am
World UK’s Labour claim big early win over PM Sunak’s Conservatives LONDON: Britain’s opposition Labour Party won a parliamentary seat in northern England on Friday, beating the... Published 03 May, 2024 10:23am
Markets Mining and tech stocks lift Australia shares; RBA meeting on tap Australian shares jumped on Friday led by mining and technology stocks, while investors awaited the domestic central... Published 03 May, 2024 10:11am
Markets Indian shares likely to open higher; Bajaj Finance in focus BENGALURU: Indian shares are set to open higher on Friday, tracking a rise in global stocks after the US Federal... Published 03 May, 2024 10:09am
Markets Yen poised for best week in over a year; dollar waits on US jobs data SINGAPORE: The yen was headed for its best week in more than a year on Friday, helped by Tokyo’s suspected... Published 03 May, 2024 10:04am
Markets Oil steadies, heads for weekly drop on US economy worries Oil prices edged up in early trade on Friday on the prospect of OPEC+ continuing output cuts, but the crude... Published 03 May, 2024 10:01am
Markets Indian bond yields flattish; debt sale, US jobs data in spotlight MUMBAI: Indian government bond yields were little changed in the early session on Friday, as market participants... Published 03 May, 2024 09:59am
World Russia says it downs six Ukraine-launched drones The Russian defence ministry said on Friday that its air defence forces destroyed six drones that Ukraine launched... Published 03 May, 2024 09:57am
BR Research Inflation: is the worst over? The headline is that the headline inflation is finally below 20 percent. It stood at 17.3 percent for April 24 – the... Updated 03 May, 2024 09:55am
BR Research MARI – earnings slip in 3Q Mari Petroleum Company Limited (PSX: MARI) announced its financial performance recently, posting a decline in the... Published 03 May, 2024 09:07am
Pakistan The Weather KARACHI: The weather report on Thursday (May 02, 2024) and the forecast for Friday (May 03, 2024)... Published 03 May, 2024 06:29am
Pakistan ECP secretary resigns as Omar Hamid takes charge ISLAMABAD: In a dramatic turn of events, Secretary Election Commission of Pakistan (ECP) Dr Asif Hussain resigned a... Published 03 May, 2024 06:29am
Pakistan MALC says leprosy cases declining KARACHI: Mervyn Francis Lobo, the CEO of the Marie Adelaide Leprosy Centre (MALC), announced that leprosy, a curable... Published 03 May, 2024 06:29am
Pakistan Sedition case: Court issues last warning to Shahbaz Gill ISLAMABAD: A local court, on Thursday, issued the last warning to the guarantor of Pakistan Tehreek-e-Insaf (PTI)... Published 03 May, 2024 06:29am
Pakistan SC told: Rapid urbanisation devouring agriculture lands, fueling food insecurity ISLAMABAD: The Punjab government informed the apex court that mass urbanisation and the resulting reduction in... Published 03 May, 2024 06:29am
Pakistan PML-N MNAs elected from Islamabad asked to file original Forms ISLAMABAD: The Islamabad High Court (IHC) directed Pakistan Muslim League-Nawaz (PML-N) MNAs, elected from ... Published 03 May, 2024 06:29am
Pakistan Free yoga classes ISLAMABAD: The Metropolitan Corporation Islamabad (MCI) is committed to enhance the well-being of its citizens by... Published 03 May, 2024 06:29am
Pakistan NHA asked to expedite ongoing projects ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directed the National... Published 03 May, 2024 06:29am
Pakistan Bilawal reiterates his commitment to freedom of expression ISLAMABAD: Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari has extended sincere solidarity to... Published 03 May, 2024 06:29am
Pakistan Rangers’ deployment in Karachi extended: Sindh cabinet approves ‘premium’ number plates KARACHI: The Cabinet meeting in Sindh, chaired by Chief Minister Syed Murad Ali Shah, has approved several important... Published 03 May, 2024 06:29am
Pakistan Drug trafficking in schools: Sharjeel says govt to take legislative step KARACHI: Sindh Minister Sharjeel Memon said on Thursday that the legislation will take place against drug ... Published 03 May, 2024 06:29am
Pakistan MAP elects new executive committee members & office-bearers KARACHI: The newly-elected Executive Committee of the Management Association of Pakistan held its 599th Executive... Published 03 May, 2024 06:29am
Pakistan England goes to the polls in key local elections LONDON: Voters went to the polls in England on Thursday for a host of crunch local elections likely to ratchet up ... Published 03 May, 2024 06:29am
World US universities ‘contaminated by hatred, anti-Semitism’: Israel OCCUPIED JERUSALEM: Israel’s president on Thursday slammed US universities for campus unrest over Israel’s war ... Published 03 May, 2024 06:29am
World Macron floats Ukraine troop deployment if frontline breached PARIS: French President Emmanuel Macron said the question of sending Western troops to Ukraine would... Published 03 May, 2024 06:29am
Pakistan Punjab CM vows complete polio eradication across province LAHORE: Chief Minister Punjab Maryam Nawaz Sharif presided over the Polio Oversight Board meeting in which it was... Published 03 May, 2024 06:29am
Pakistan Temperature set to cross 40C across Punjab LAHORE: Maximum temperature is all set to cross 40C during the first two weeks of the month of May throughout Punjab... Published 03 May, 2024 06:29am
Pakistan Neelum Jhelum plant shutdown for physical inspection LAHORE: The 969 MW Neelum Jhelum hydropower plant was shutdown the other day for physical inspection of its head ... Published 03 May, 2024 06:29am
Sports PCB announces 18-member squad for Ireland, England tours LAHORE: Pakistanis selectors have recalled fast bowler Haris Rauf and medium-pacer Hasan Ali for the T20... Published 03 May, 2024 06:29am
Pakistan Acting Governor Punjab mets US Ambassador LAHORE: Acting Governor of Punjab, Malik Muhammad Ahmad Khan, met with US Ambassador Donald Blome in the Assembly... Published 03 May, 2024 06:29am
Pakistan Funeral prayer of martyred constable offered LAHORE: The funeral prayer of martyred Constable Ghulam Rasool of Lahore Police was offered at Police Lines Qila... Published 03 May, 2024 06:29am
Pakistan ‘Frivolous plea’: IHC imposes fine on CIR Islamabad LTO ISLAMABAD: Islamabad High Court (IHC) has imposed a fine of Rs500,000 on Commissioner Inland Revenue, Large Taxpayer... Published 03 May, 2024 06:29am
Pakistan Mahmood Achakzai sends legal notices to ex-minister, others QUETTA: Pashtunkhwa Milli Awami Party (PMAP) chief Mahmood Khan Achakzai on Thursday sent a legal notice to former... Published 03 May, 2024 06:29am
Pakistan Minister for increasing resources to serve people better LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman emphasised the necessity of increasing the provincial... Published 03 May, 2024 06:29am
Pakistan Minister directs SEPA to set up help desk KARACHI: Provincial Minister for Environment, Climate Change and Coastal Development, Dost Muhammad Rahimoon has... Published 03 May, 2024 06:29am
Pakistan ‘Need to formalise status of women home-based workers within workforce’ FAISALABAD: “It is imperative that authorities and political decision makers should recognise the vital... Published 03 May, 2024 06:29am
World UN estimates rebuilding Gaza will cost $30bn to $40bn AMMAN: A UN agency said Thursday rebuilding war-wracked Gaza will cost an estimated $30 billion to $40 billion and... Published 03 May, 2024 06:29am
Pakistan Officials visit Bradford, meet British-Pakistanis ISLAMABAD: As part of the UK Foreign, Commonwealth and Development Office (FCDO)’s efforts to connect with ... Published 03 May, 2024 06:29am
Pakistan Pakpattan police recover drugs worth Rs2.26m LAHROE: In a concerted effort to combat drug trafficking and addiction, the Pakpattan Police have undertaken a... Published 03 May, 2024 06:29am
Pakistan PKRC concerned over outcomes of meeting in Dubai LAHORE: The Pakistan Kissan Rabita Committee (PKRC) has expressed its deep concern over the outcomes of the first... Published 03 May, 2024 06:29am
Pakistan Polio drive: commissioner for focusing on nomad places, travelling points LAHORE: Commissioner Lahore Zaid bin Maqsood said that for the polio campaign full focus must be given to nomad... Published 03 May, 2024 06:29am
Pakistan Rescue-1122 rescues 172,176 victims in April LAHORE: The Emergency Services Department (Rescue-1122) has rescued 172,176 victims while responding to 176,401... Published 03 May, 2024 06:29am
Pakistan Sehat Kahani, Rotary Pakistan Smart Villages sign MoU KARACHI: Sehat Kahani and Rotary Pakistan Smart Villages have formalised a strategic partnership through a ... Published 03 May, 2024 06:29am
Pakistan Army well aware of its ‘constitutional limits’: COAS ISLAMABAD: Army Chief General Asim Munir underscored the military’s commitment to upholding Constitutional... Published 03 May, 2024 06:29am
Print Economies in developing Asia ageing fast: Pakistan will still have shares below 10pc by 2050: ADB ISLAMABAD: Some economies in developing Asia are ageing rapidly, however, Pakistan will still have shares lower than... Updated 03 May, 2024 09:30am
Pakistan PTI issues white paper on ‘vote rigging’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday issued a detailed 234-page ‘white paper’ on alleged ... Published 03 May, 2024 06:29am
Pakistan PM says cut in inflation good news for people ISLAMABAD: Prime Minister Shehbaz Sharif has said that the reduction in inflation is good news for the people. The... Published 03 May, 2024 06:29am
Print Poor implementation of track-and-trace system: PM orders Bosal to identify erring officials ISLAMABAD: The government held several meetings on the Federal Board of Revenue (FBR) Thursday including a meeting... Updated 03 May, 2024 09:20am
Business & Finance Developing nations: ICMA discusses role of IMF lending in economies KARACHI: The Institute of Cost and Management Accountants (ICMA) has shed light on the vital yet intricate role... Published 03 May, 2024 06:29am
Editorials Education emergency EDITORIAL: Under the eighth UN Millennium Development goals, among other targets, Pakistan was committed to ... Published 03 May, 2024 06:29am
Editorials Cost of IMF’s bailouts EDITORIAL: It is instructive that statements like former prime minister Shahid Khaqan Abbasi’s latest nugget, that... Published 03 May, 2024 06:29am
World Palestinian GDP seen falling 27pc on seven months of war: UNDP WASHINGTON: The Palestinian economy is estimated to shrink by 26.9 percent after seven months of war, with the... Published 03 May, 2024 06:29am
Business & Finance HCCI criticises SBP for not lowering interest rate HYDERABAD: President Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has expressed his surprise ... Published 03 May, 2024 06:29am
Business & Finance Mongolian envoy stresses increasing bilateral trade KARACHI: Deputy Head of Mission from the Embassy of Mongolia Lkhanaajav Munkhtushig has expressed keenness to expand... Published 03 May, 2024 06:29am
Business & Finance Unchanged interest rates: SBP decision disappoints business community KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum ... Published 03 May, 2024 06:29am
Business & Finance Deal signed under 20-year BOOT model: Burj, PCL to develop and finance first wind power project KARACHI: Burj Solar and Power Cement Limited (PCL) have signed an agreement to develop and finance the country’s... Published 03 May, 2024 06:29am
Business & Finance Blocking SIMs of over 0.5m non-filers: PTA yet to decide on FBR decision ISLAMABAD: The Pakistan Telecommunication Authority (PTA) is yet to decide on the Federal Board of Revenue’s (FBR’s)... Published 03 May, 2024 06:29am
Business & Finance Well-organised documented sectors: PBC urges FBR to rationalise ‘super tax’ ISLAMABAD: Pakistan Business Council (PBC) has proposed the Federal Board of Revenue (FBR) to rationalise ‘super... Published 03 May, 2024 06:29am
Business & Finance ADB informed about FBR automation ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday informed the Asian Development Bank (ADB) that the FBR ... Published 03 May, 2024 06:29am
Business & Finance Banks slow to limit coal financing: NGO FRANKFURT, (Germany): Banks lent almost $470 billion to the coal industry between 2021 and 2023, according to a ... Published 03 May, 2024 06:29am
Business & Finance Pak Suzuki slashes prices on Swift models KARACHI: Pak Suzuki Motor Company Limited has taken a surprise move, slashing the prices of its popular Swift... Published 03 May, 2024 06:29am
Business & Finance April CPI-based inflation soars 17.3pc YoY ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 17.3 percent on a year-on-year (YoY) basis in... Published 03 May, 2024 06:29am
Print 9MFY24 collection: Provinces given 53pc of total revenue under NFC Award ISLAMABAD: The provinces were transferred 53 percent of the total tax revenue collected during the first nine months... Updated 03 May, 2024 09:31am
Pakistan FO responds to speculation: Govt has no plan to offer air bases to foreign govt ISLAMABAD: The Foreign Office on Thursday rubbished “speculations” of Pakistan giving “two airbases” to the United... Updated 03 May, 2024 09:19am
Print IPP payments, Gwadar power plant: MoFA asks PD to address Chinese concerns ISLAMABAD: The Ministry of Foreign Affairs (MoFA) has asked Power Division to develop concrete measures to address... Updated 03 May, 2024 09:33am
Print PPIB urges S Arabia to finalise G2G framework pact ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has asked Saudi Arabia to expedite finalization of... Updated 03 May, 2024 09:22am
Print PM forms body to probe wheat import matter ISLAMABAD: Prime Minister Shehbaz Sharif has formed an inquiry committee regarding import of wheat under the... Updated 03 May, 2024 09:24am
Print Active privatisation list: Six additional public sector entities added ISLAMABAD: The federal government, on Thursday, added six additional public sector entities in active privatisation... Updated 03 May, 2024 09:20am
Print FBR reforms top priority, says minister ISLAMABAD: The federal government on Thursday reaffirmed its priority towards the Federal Board of Revenue (FBR)... Published 03 May, 2024 06:29am
Print PM asks Aurangzeb to revise borrowing limit for provinces ISLAMABAD: Prime Minister Shehbaz Sharif has directed Finance Minister Muhammad Aurangzeb to revise borrowing limit... Updated 03 May, 2024 09:26am
Print Excessive wheat import: Caretakers likely to find themselves in the dock Federal Minister for National Food Security and Research Rana Tanveer says caretaker government during its tenure imported wheat that caused the problem Updated 03 May, 2024 09:38am
BR Research Highnoon Laboratories Limited Highnoon Laboratories Limited (PSX: HINOON) was incorporated in Pakistan as a private limited company in 1984 and... Updated 03 May, 2024 09:00am
Print PIA sell-off: EoIs submission deadline extended ISLAMABAD: Federal Minister for Privatisation, Abdul Aleem Khan has announced that the government extended the... Updated 03 May, 2024 07:19am
Business & Finance OECD upgrades global growth outlook NEW YORK: The global economy is growing faster than expected only a few months ago thanks to resilient US activity... Published 03 May, 2024 06:29am
Business & Finance Jul-Apr trade deficit shrinks 17.09pc to $19.514bn YoY ISLAMABAD: Pakistan’s trade deficit narrowed down by 17.09 percent in the first 10 months (July-April) of the... Published 03 May, 2024 06:29am
Pakistan Arif Habib, Gerry’s Group among 10 bidders as Pakistan pushes back deadline for EoI to buy PIA ISLAMABAD: Islamabad will push back the deadline for companies to express interest in buying national carrier... Updated 03 May, 2024 09:30am
Sports 4th T20I: Pakistan Women beat West Indies by 8 wickets Pakistan Women registered first win of the series as they defeated West Indies by eight wickets in the fourth T20I... Published 03 May, 2024 12:01am
World NATO condemns Russian 'malign activities' on its territory BRUSSELS: NATO on Thursday condemned Russian "malign activities" on its territory, saying actions like... Published 02 May, 2024 11:36pm
World Israeli private eye arrested in UK over alleged hacking for US PR firm LONDON: An Israeli private investigator wanted by the United States was arrested in London over allegations that he... Published 02 May, 2024 11:09pm
Pakistan Rains return to UAE, PIA suspends flights to Dubai, Sharjah Pakistan International Airlines (PIA) on Thursday suspended flight operations to Dubai and Sharjah as heavy rains... Published 02 May, 2024 09:37pm
World Schools, offices shut as heavy rain returns to desert UAE DUBAI: Schools and many offices were closed across the United Arab Emirates on Thursday as heavy rains returned to... Published 02 May, 2024 09:11pm
Markets LMC says ‘fully booked’ for KIA Stonic deliveries until September 2024 Lucky Motor Corporation (LMC), the assembler and seller of KIA cars in Pakistan, has announced that it is “fully... Published 02 May, 2024 09:01pm
World Erdogan criticises US crackdown on college protests ANKARA: Turkish President Tayyip Erdogan waded into the debate over US college campus protests on Thursday, saying... Published 02 May, 2024 08:19pm
Markets Wall Street rises as Fed rate-hike concerns alleviate Wall Street’s main indexes advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and... Published 02 May, 2024 08:08pm
Markets SBP-held foreign exchange reserves increase $25mn, now stand at $8bn IMF inflow of $1.1bn will reflect in dollar stockpile for week ending on May 3, according to central bank Updated 02 May, 2024 10:28pm