Latest - Business Recorder

Markets

Oil prices stabilise as investors weigh Iran war end, Hormuz reopening uncertainty

Brent crude futures gained 47 cents, or 0.6%, to $79.43 a barrel

Published 17 Jun, 2026 07:19am

Pakistan

Bangladesh team apprised of NA’s role in promoting democracy

ISLAMABAD: Speaker of the National Assembly Sardar Ayaz Sadiq met with a delegation from the Higher Education sector...

Published 17 Jun, 2026 07:03am

Business & Finance

Karandaaz launches studies on E-invoicing, agri spot trading

KARACHI: Karandaaz Pakistan has launched two research studies focusing on e-invoicing and agricultural spot trading,...

Published 17 Jun, 2026 07:00am

Pakistan

‘KMC budget based on ‘unrealistic’ revenue estimates’

KARACHI: Opposition leader in the Karachi Metropolitan Corporation (KMC), Saifuddin Advocate, has criticised the...

Published 17 Jun, 2026 06:59am

Business & Finance

LCCI hails Punjab govt for presenting growth-oriented budget

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has appreciated the Punjab government for presenting a...

Published 17 Jun, 2026 06:58am

Pakistan

Railways to outsource five more trains

ISLAMABAD: Pakistan Railways (PR) on Tuesday announced the outsourcing of five more trains for Rs10.75 billion as...

Published 17 Jun, 2026 06:56am

Pakistan

Private schools of Islamabad: Senate body for implementation of 10pc free education quota

ISLAMABAD: The Senate Standing Committee on Federal Education and Professional Training called for the strict...

Published 17 Jun, 2026 06:55am

Pakistan

UNFPA commends Pakistan for removing taxes on contraceptives

ISLAMABAD: Dr. Luay Shabaneh, Representative of the United Nations Population Fund (UNFPA) to Pakistan, has welcomed...

Published 17 Jun, 2026 06:53am

Pakistan

Water collection globally: Women, girls spend 250m hours every day

ISLAMABAD: Women and girls spend 250 million hours every day on water collection globally, over three times more...

Published 17 Jun, 2026 06:48am

Business & Finance

Railways achieves Rs10.75bn outsourcing deal for five trains

LAHORE: The Pakistan Railways (PR) has achieved a major milestone in its reform and revenue-generation efforts by...

Published 17 Jun, 2026 05:36am

Pakistan

Muharram Control Room activated

FAISALABAD: In compliance with the directives of the Punjab government, a Muharram Control Room has been fully...

Published 17 Jun, 2026 05:36am

Business & Finance

E-Commerce Logistics: SLGTrax named Fastest-Growing Brand of the Year 2025

KARACHI/RAWALPINDI: Secure Logistics Trax Group Limited, Pakistan’s first tech-enabled 4PL platform, has been named...

Published 17 Jun, 2026 05:36am

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

BR Research

Ghazi Fabrics International Limited

Ghazi Fabrics International Limited (PSX: GFIL) was incorporated in Pakistan as a private limited company in 1989...

Updated 17 Jun, 2026 07:19am

Pakistan

Administration of justice requires integrity, impartiality: CJP

ISLAMABAD: Chief Justice of Pakistan Yahya Afridi has said that the administration of justice requires not only...

Published 17 Jun, 2026 05:36am

Pakistan

NA body endorses creation of ‘Independent Case Scrutiny Committees’

ISLAMABAD: To end litigation of trillions in court against taxpayers, National Assembly Standing Committee on...

Published 17 Jun, 2026 05:36am

Pakistan

Dastagir highlights obstacles to Pak-India ties

ISLAMABAD: Former Defence and Foreign Minister and senior PML-N leader Engr. Khurram Dastgir Khan has expressed...

Published 17 Jun, 2026 05:36am

Pakistan

Senate session: PTI’s leader says ‘it’s present govt’s last budget’

ISLAMABAD: Pakistan Tehreek-e-Insaf’s Parliamentary Leader in Senate Barrister Ali Zafar has said that the federal...

Published 17 Jun, 2026 05:36am

Pakistan

ECP adjourns Murad Saeed’s Senate seat case till 23rd

ISLAMABAD: The Election Commission of Pakistan (ECP) has adjourned till this month’s 23rd the case involving the...

Published 17 Jun, 2026 05:36am

Pakistan

IMCG Tarlai launches Summer School, Fiesta 2026

ISLAMABAD: Islamabad Model College for Girls (IMCG) Tarlai has successfully launched its two-week Summer School...

Published 17 Jun, 2026 05:36am

Pakistan

Court adjourns proceedings in case against IK

ISLAMABAD: A local court on Monday adjourned proceedings in the judge-threatening case against Pakistan...

Published 17 Jun, 2026 05:36am

Pakistan

Lawful ‘khula’ frees a woman for subsequent marriage right: SC

ISLAMABAD: The Supreme Court of Pakistan stated that a woman who has lawfully obtained ‘khula’ and has observed the...

Published 17 Jun, 2026 05:36am

Markets

Energy firms brace for ‘new era’ despite Hormuz deal

PARIS: Oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions...

Published 17 Jun, 2026 05:36am

World

Trump-Zelenskiy meeting: G7 leaders express optimism for peace

EVIAN-LES-BAINS: US President Donald Trump said Russia should make peace with Ukraine after a “very good” meeting...

Published 17 Jun, 2026 05:36am

World

Lebanon says Israeli strikes on south kill four

BEIRUT: Lebanon said Israeli strikes killed four people in the country’s south on Tuesday as Israel said it...

Published 17 Jun, 2026 05:36am

World

Trump ballroom cost soars to USD600m, half from taxpayers

WASHINGTON: US President Donald Trump’s ballroom project at the White House will cost as much as USD600 million,...

Published 17 Jun, 2026 05:36am

World

UN says 2.4m refugees need resettling in 2027

GENEVA: Almost 2.4 million refugees will need resettling next year, the United Nations said on Tuesday, at a time...

Published 17 Jun, 2026 05:36am

World

India temporarily blocks Telegram app over fraud

NEW DELHI: India has temporarily blocked the Telegram messaging app, saying it was used to try to defraud candidates...

Published 17 Jun, 2026 05:36am

World

Russian artist critical of Putin shot dead in Poland

WARSAW: A Russian artist known for his satirising President Vladimir Putin has been shot dead in eastern Poland,...

Published 17 Jun, 2026 05:36am

BR Research

A tax breather – not a digital leap

Budget FY27 is broadly positive for Pakistan’s IT exporters but calling it a technology budget would be an...

Published 17 Jun, 2026 05:36am

Business & Finance

Port Qasim ranked 5th among world’s 20 fastest-growing ports

KARACHI: Port Qasim has been ranked fifth among the world’s 20 fastest-improving container ports over the 2020–2025...

Published 17 Jun, 2026 05:36am

Pakistan

Solar project for G-B: Centre will bear all expenses, says PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday said the federal government would bear all expenses of the...

Published 17 Jun, 2026 05:36am

Business & Finance

Auto and auto parts policy: Dar chairs series of high-level meetings

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar chaired a series of...

Published 17 Jun, 2026 05:36am

Pakistan

US-Iran talks: China tells Pakistan next phase will be ‘more difficult’

BEIJING: China’s top diplomat told his Pakistani counterpart on Tuesday that the next phase of negotiations between...

Published 17 Jun, 2026 05:36am

FBR barred from cancelling ST registration, blacklisting units

ISLAMABAD: National Assembly Standing Committee on Finance Tuesday stopped the Federal Board of Revenue (FBR) from...

Published 17 Jun, 2026 05:36am

World

Israeli minister strips Palestinians of control over holy site

HEBRON, (Palestinian Territories): Israel’s Finance Minister Bezalel Smotrich said Tuesday he had stripped...

Published 17 Jun, 2026 05:36am

Pakistan

Safety protocols boost: Govt set to amend Explosives Act

ISLAMABAD: The federal government is set to amend the Explosives Rules, 2010, in a move aimed at strengthening...

Published 17 Jun, 2026 05:36am

‘B’-rated countries: Budget’s interest-to-revenue ratio higher than median rate: Fitch

ISLAMABAD: The 2026-27 budget’s interest-to-revenue ratio, projected at 39.1 percent, is substantially higher than...

Published 17 Jun, 2026 05:36am

World

Alleged plot to attack White House fight night thwarted: FBI

WASHINGTON: US law enforcement on Tuesday said it had foiled an alleged plot to attack the White House during a...

Published 17 Jun, 2026 05:36am

SBP eases process for banks shift to Islamic model

KARACHI: The State Bank of Pakistan (SBP) has eased the process for converting conventional bank branches into...

Published 17 Jun, 2026 05:36am

FCC issues its detailed judgment on Sec 7E of income tax law

ISLAMABAD: The Federal Constitutional Court (FCC) held that Section 7E of the Income Tax Ordinance (ITO), 2001, is,...

Published 17 Jun, 2026 05:36am

World

Iran, US to embark on two months of peace talks Friday

TEHRAN: The United States and Iran are to launch talks on a final settlement to their conflict on Friday in...

Published 17 Jun, 2026 05:36am

Pakistan

‘Civil & military leadership helped prevent wider conflict’

ISLAMABAD: Pakistan’s civil and military leadership, working alongside key regional and international stakeholders,...

Published 17 Jun, 2026 05:36am

Markets

Oil prices fall 5pc to 3-month low

NEW YORK: Oil prices fell about 5 percent for a second day in a row to a three-month low on Tuesday as details...

Published 17 Jun, 2026 05:36am

World

Iran deal includes USD300bn fund, more than half of which already committed

DUBAI: A USD300 billion private fund designed to trigger investment into Iran is outlined in the US-Iran framework...

Published 17 Jun, 2026 05:36am

CPPA-G seeks Re0.82 increase in May FCA

ISLAMABAD: The Central Power Purchasing Agency Guarantee Limited (CPPA-G) has sought positive adjustment of Paisa 82...

Published 17 Jun, 2026 05:36am

Budget: Punjab closely follows in Centre’s footsteps

LAHORE: The Punjab government presented its annual budget for the fiscal year 2026-27 in the Provincial Assembly,...

Published 17 Jun, 2026 05:36am

Punjab govt allocates Rs750bn for education

LAHORE: The Punjab government has allocated a record Rs 750 billion for the education sector in the provincial...

Published 17 Jun, 2026 05:36am

Pakistan

Punjab made significant financial sacrifice: Azma

LAHORE: Provincial Minister for Information and Culture Azma Bokhari has said that Punjab made a significant...

Published 17 Jun, 2026 05:36am

Punjab reduces ADP to Rs752bn

LAHORE: The Punjab government has allocated Rs752 billion for Annual Development Plan (ADP) 2026-27, which is...

Published 17 Jun, 2026 05:36am

11M textile exports rise 1.83pc to USD16.665bn YoY

ISLAMABAD: Pakistan’s textile sector exports increased by 1.83 percent, reaching USD 16.665 billion during the first...

Published 17 Jun, 2026 05:36am

ECC approves TSGs amounting Rs10bn

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

Published 17 Jun, 2026 05:36am

Age limit on vehicle imports removed: Second phase of tariff rationalisation plan unveiled

ISLAMABAD: The government on Tuesday unveiled the second phase of its tariff rationalisation plan, sacrificing an...

Published 17 Jun, 2026 05:36am

Stationery items: Senate body recommends ST relief

ISLAMABAD: The Senate Standing Committee on Finance on Tuesday accepted a major proposal of the stationery industry...

Published 17 Jun, 2026 05:36am

Extension of Rs14bn subsidy: MoF’s ‘no’ forces PD to go for UoSC across Discos & KE

ISLAMABAD: The Finance Ministry’s clear no on extension of subsidy of Rs14 billion from fiscal space has,...

Published 17 Jun, 2026 05:36am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (June 16, 2026) and the forecast for Wednesday (June 17 2026)....

Published 17 Jun, 2026 05:36am

Business & Finance

Vehicle import safety standards: Confusion among ministries about implementation has cost kitty Rs125bn?

ISLAMABAD: Confusion among different key ministries over the implementation of vehicle import safety standards has...

Published 17 Jun, 2026 05:36am

Pakistan

Budget debate: Treasury, opposition trade barbs

ISLAMABAD: The National Assembly’s budget debate on Tuesday descended into a sharp opposition-government clash, with...

Published 17 Jun, 2026 05:36am

Business & Finance

SECP unveils reform agenda for capital markets

KARACHI: Dr Kabir Ahmed Sidhu, Chairman, Securities and Exchange Commission of Pakistan (SECP) on Monday unveiled an...

Published 17 Jun, 2026 05:36am

Pakistan

President approves four bills

ISLAMABAD: President Asif Ali Zardari on Tuesday gave his assent to four bills, including the Pakistan Airports...

Published 17 Jun, 2026 05:36am

Business & Finance

Jewellers continue protest against Sec 175C of tax law

KARACHI: Gold and silver traders and jewellers continued their protest against section 175C on Tuesday, keeping...

Published 17 Jun, 2026 05:36am

Business & Finance

Select Tech plans Rs2.489bn IPO

KARACHI: Select Technologies Limited (SELECT), a wholly-owned subsidiary of Air Link Communication Limited, has...

Published 17 Jun, 2026 05:36am

Business & Finance

Punjab cabinet approves FY27 budget

LAHORE: Punjab cabinet, which met here on Tuesday with Chief Minister Maryam Nawaz Sharif in the chair, approved the...

Published 17 Jun, 2026 05:36am

Business & Finance

Domestic, commodity debt: Punjab achieves fiscal milestone

LAHORE: The Punjab government has achieved a fiscal milestone by completely wiping out its domestic and commodity...

Published 17 Jun, 2026 05:36am

Business & Finance

PLIC makes progress during current FY

LAHORE: Punjab Life Insurance Company (PLIC) made notable progress during FY 2025–26, transitioning from a policy...

Published 17 Jun, 2026 05:36am

Business & Finance

Rs500.62bn set aside for health sector in Punjab budget

LAHORE: The Punjab government has allocated Rs 500.62 billion for the health sector in its fiscal year budget...

Published 17 Jun, 2026 05:36am

Pakistan

‘South Punjab card’ narrative will no longer work: Azma

LAHORE: Punjab Minister for Information and Culture Azma Bokhari, while responding to the statement of Ali Haider...

Published 17 Jun, 2026 05:36am

Pakistan

Iran-US peace deal: Punjab cabinet hails Pakistan’s role

LAHORE: The 35th meeting of the Punjab Cabinet, chaired by Chief Minister Maryam Nawaz Sharif, unanimously adopted a...

Published 17 Jun, 2026 05:36am

World

India File: Searing El Niño tests crop buffers, exposes workers

India’s monsoon dominates headlines every summer, shaping farm output and ostensibly providing some relief to a heat-strained economy

Published 17 Jun, 2026 12:51am

World

US Supreme Court rejects Tata challenge to $168 million award in trade secrets case

Tata had appealed after a lower court upheld a judge’s decision to set the award at $56 million in compensatory damages

Published 17 Jun, 2026 12:43am

World

Telegram founder Durov says India has 'punished' more than 150 million people by banning Telegram

The ban has not stopped anything and the leaks "simply moved to other apps", Durov said

Published 17 Jun, 2026 12:35am

World

India limits cough syrup sales to pharmacies after contamination cases

Some cough syrups were previously on an exemption list under drug rules

Published 17 Jun, 2026 12:29am

World

Iran deputy foreign minister says US naval blockade 'lifted'

TEHRAN: An Iranian deputy foreign minister on Tuesday said the two-month US naval blockade on Iranian ports had been...

Published 16 Jun, 2026 10:27pm

Business & Finance

ECC approves Rs9.56bn in supplementary grants, extends gas supply to urea plants

ECC greenlights funds for critical public services, including passports and NADRA

Published 16 Jun, 2026 10:21pm

Business & Finance

Tata says India pollution board drops scrutiny of Apple iPhone parts plant

Tata is central to Apple’s push to diversify its iPhone production beyond China

Published 16 Jun, 2026 09:34pm

Perspectives

Türkiye’s growing tourism appeal: Istanbul’s role in a changing global travel landscape

Straddling Europe and Asia, Türkiye stands as a meeting point of civilisations shaped over centuries. From its...

Published 16 Jun, 2026 09:32pm

World

US-Iran deal to be signed in Switzerland on Friday: Bern

Signing scheduled for Friday, June 19

Updated 16 Jun, 2026 10:37pm

Markets

US stocks edge up as oil prices retreat, SpaceX surges

S&P 500 was flat at 7,552.17, while Nasdaq Composite Index added 0.2% at 26,741.86

Published 16 Jun, 2026 07:50pm

Business & Finance

US Federal Reserve kicks off first meeting with Warsh as chair

Fed officials are set to keep rates at a range between 3.50% and 3.75%

Published 16 Jun, 2026 07:48pm

Markets

Binance set to lose EU licence bid, permission to offer services in the bloc, sources say

Says it has been pursuing a MiCA licence and has worked constructively with regulators over the past 18 months

Published 16 Jun, 2026 07:43pm

Markets

SpaceX locks in $60bn deal with Pakistani co-founded AI startup Cursor to power AI coding push

Sualeh Asif, originally from Karachi, cofounded Cursor with three friends from Massachusetts Institute of Technology

Published 16 Jun, 2026 07:37pm

Markets

Pakistan resolved issues faced by Chinese stock investors: SECP chief

Govt aims to expand insurance sector, says Kabir Ahmed Sidhu

Published 16 Jun, 2026 07:31pm

Pakistan

China hails Pakistan's role in US-Iran peace deal

Both sides agree to remain in close contact, continue consultations on key bilateral, regional matters of common interest

Published 16 Jun, 2026 06:51pm

Markets

India bonds muted as sparse US-Iran deal details cap oil-led gains

The yield on the benchmark 6.94% 2036 note ended at 6.8651%

Published 16 Jun, 2026 06:36pm

World

G7 powers push Russia to end Ukraine war

European leaders will be keen to remind Trump of the importance of pushing Russia to accept peace on Ukraine’s terms

Published 16 Jun, 2026 06:05pm

World

Iran deal says 'loud and clear' that Tehran won't have a nuclear weapon: Trump

Trump defended the 14-point memorandum of understanding with Iran

Published 16 Jun, 2026 05:12pm

Markets

Indian rupee extends gains; US-Iran peace agreement details, Fed guidance awaited

The rupee closed up 0.2% at 94.56 against the dollar

Published 16 Jun, 2026 05:08pm

World

US-Iran deal promises end to war but how it will work remains unclear

Trump says the deal to halt the conflict between the US and Iran is “done” and going to a second stage

Published 16 Jun, 2026 04:56pm

Markets

Palm surges more than 2% on Indonesia biodiesel hopes

The benchmark palm oil contract for September delivery was up 93 ringgit

Published 16 Jun, 2026 04:46pm

World

India limits cough syrup sales to pharmacies after contamination cases

Since 2022, India-made cough syrups have been linked to the deaths of more than 140 children in Africa and Central Asia

Published 16 Jun, 2026 04:15pm

Business & Finance

Punjab govt presents Rs5.9trn budget for FY2026-27

FY27 budget third under Chief Minister Maryam Nawaz Sharif

Updated 16 Jun, 2026 10:20pm

Markets

Indian soybean acreage expected to rise on higher prices, weak monsoon outlook

Soybean prices climbed to 7,587 rupees per 100 kg last month while corn prices remain below the floor price of 2,400 rupees

Published 16 Jun, 2026 04:10pm

Markets

Indian shares extend gains on US-Iran peace deal

The Nifty 50 rose 0.57% while the BSE Sensex added 0.71%, gaining 3.6% and 4%, respectively

Published 16 Jun, 2026 04:06pm

Markets

India's rice stocks climb to record high; wheat inventories at five-year peak

State reserves of rice totalled a record 68.43 million metric tons as of June 1

Published 16 Jun, 2026 04:04pm

Markets

Rupee registers gain against US dollar

Settles at 278.30 against greenback

Updated 16 Jun, 2026 09:00pm

Business & Finance

Wafi Energy reappoints chairperson, CEO

Discloses the development in a notice to the Pakistan Stock Exchange

Published 16 Jun, 2026 03:22pm

Pakistan

Aleema questions need for ‘fifth injection’ to Imran, seeks independent medical assessment

Imran Khan's family rejects PIMS reports on his health, demanding independent medical care and restoration of all his rights.

Published 16 Jun, 2026 02:37pm

Life & Style

Artist Anish Kapoor presents works old and new in London gallery return

These include 2022’s 'Mount Moriah ⁠at the Gate of the Ghetto', a massive red and black mass hanging from the ceiling

Published 16 Jun, 2026 12:47pm

Sports

McCullum worried about Stokes after nightclub incident

'You go from being bewildered, to angry, to gutted,' McCullum told reporters on Monday

Published 16 Jun, 2026 12:43pm

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

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

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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

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Licensed cruelty

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

Published 22 May, 2026 06:05am

Currency	Rate
USD PKR Interbank Selling / Jun 16	278.50
USD PKR Interbank Buying / Jun 16	278.30
USD to Japanese Yen / Jun 16	160.39
USD to Swiss Franc / Jun 16	0.79
Pound Sterling to USD / Jun 16	1.34
Euro to USD / Jun 16	1.16
SOFR % / Jun 16	3.65

Stock	Volume
S&P 500 / Jun 16	7,511.35
India Sensex / Jun 16	76,808.48
Tokyo Nikkei / Jun 16	69,404.50
Nasdaq / Jun 16	26,376.34
Hang Seng / Jun 16	24,493.95
FTSE 100 / Jun 16	10,494.21
Dow Jones / Jun 16	51,999.67
Germany DAX 30 / Jun 16	24,910.41
France CAC40 / Jun 16	8,447.27

Item	Value
Gold 10 Grams PKR / Jun 15	389,600
Crude Oil USD/Barrel / Jun 16	76.52
Karachi Cotton PKR/37.32 KG / Jun 16	20,280
Gold Spot USD/Ounce / Jun 16	4,335.39
Cotton US¢/pound / Jun 16	77.75
Petrol/Litre / Jun 17	373.78
Diesel/Litre / Jun 17	378.78

Stock	Price
First Fid. Leasing / Jun 16 First Fidelity Leasing Modaraba(FFLM)	15.36 ▲ 2.67 (21.04%)
Pak. P.V.C. / Jun 16 Pakistan PVC Limited(PPVC)	34.60 ▲ 6.01 (21.02%)
Pak Stock Exchange / Jun 16 Pakistan Stock Exchange Limited(PSX)	52.70 ▲ 9.15 (21.01%)
Crescent Steel / Jun 16 Crescent Steel & Allied Products Limited(CSAP)	116.84 ▲ 20.28 (21%)
National Silk / Jun 16 The National Silk & Rayon Mills Limited(NSRM)	195.13 ▲ 33.87 (21%)
Service Textile / Jun 16 Service Industries Textiles Limited(SERT)	42.82 ▲ 7.43 (20.99%)
MACPAC Films / Jun 16 MACPAC Films Limited(MACFL)	72.73 ▲ 12.61 (20.97%)
Power Cem(Pref) / Jun 16 Power Cement (Pref)(POWERPS)	28.77 ▲ 4.97 (20.88%)
Ansari Sug. / Jun 16 Ansari Sugar Mills Limited(ANSM)	24.39 ▲ 4.1 (20.21%)
Nets Internat.Comm. / Jun 16 Nets International Communication Limited(GEMNETS)	33.43 ▲ 5.53 (19.82%)

Stock	Price
Ideal Spinning / Jun 16 Ideal Spinning Mills Limited(IDSM)	69.48 ▼ -8.96 (-11.42%)
Askari Life Assur. / Jun 16 Askari Life Assurance Company Limited(ALAC)	23.10 ▼ -2.44 (-9.55%)
Universal Ins. / Jun 16 The Universal Insurance Company Limited(UVIC)	22.60 ▼ -2.28 (-9.16%)
Frontier Ceramics / Jun 16 Frontier Ceramics Limited(FRCL)	74.97 ▼ -6.17 (-7.6%)
Idrees Tex. / Jun 16 Idrees Textile Mills Limited(IDRT)	46.69 ▼ -3.41 (-6.81%)
Data Agro / Jun 16 Data Agro Limited(DAAG)	91.73 ▼ -6.34 (-6.46%)
Gulshan Sp. / Jun 16 Gulshan Spinning Mills Limited(GSPM)	6.11 ▼ -0.39 (-6%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	117.18 ▼ -5.82 (-4.73%)
Sakrand Sugar / Jun 16 Sakrand Sugar Mills Limited(SKRS)	26.05 ▼ -1.22 (-4.47%)
D.S. Ind. Ltd. / Jun 16 D.S. Industries Limited(DSIL)	10.86 ▼ -0.48 (-4.23%)

Stock	Volume
Lotte Chemical / Jun 16 Lotte Chemical Pakistan Limited(LOTCHEM)	108,119,661 ▼ -0.25
Pak Int.Bulk / Jun 16 Pakistan International Bulk Terminal(PIBTL)	49,523,210 ▲ 0.84
Siddiqsons Tin / Jun 16 Siddiqsons Tin Plate Limited(STPL)	43,732,572 ▲ 0.46
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	42,975,274 ▲ 3.46
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	40,115,690 ▲ 0.09
B.O.Punjab / Jun 16 The Bank of Punjab(BOP)	40,078,444 ▲ 1.77
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	37,091,776 ▲ 0.02
TPL Corp Ltd / Jun 16 TPL Corp Limited(TPL)	34,505,206 ▲ 2.1
TPL Properties / Jun 16 TPL Properties Limited(TPLP)	31,351,342 ▲ 0.37
Maple Leaf Cement / Jun 16 Maple Leaf Cement Factory Limited(MLCF)	28,293,781 ▲ 7.15

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