News Archives for 2024-05-18 - Business Recorder

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Archive - 2024-05-18

PM Shehbaz says constantly monitoring situation of Pakistani students in Bishkek

Embassy of Pakistan in Kyrgyzstan advises Pakistani students to stay indoors amid mob violence

Updated 18 May, 2024 11:59pm

Europe

Ukraine investigates civilian injuries, battles rage in Kharkiv region

KYIV: Ukrainian prosecutors said they were investigating attacks on civilians in two cities in the northeastern...

Published 18 May, 2024 11:03pm

Truck accident in Punjab’s Khushab kills 14

DRO says the accident was caused by the vehicle's brake failure

Published 18 May, 2024 09:56pm

‘For Pakistan’s sake’: Nawaz says met Imran in 2013 with intent to cooperate

PML-N supremo says PTI founder undermined his government after promising to collaborate

Updated 18 May, 2024 09:10pm

South Asia

Bodies of US, Nepali climbers recovered from Tibet mountain

KATHMANDU: A team of mountaineers has retrieved the bodies of a US climber and her Nepali guide who were killed in...

Published 18 May, 2024 07:58pm

Movies & Music

Richard Gere drew on father’s death for role in Cannes entry ‘Oh, Canada’

CANNES, France: Richard Gere, once a Hollywood leading man, said he drew on his feelings following his father’s...

Published 18 May, 2024 07:31pm

Pakistan protests to Kyrgyz diplomat after violence

FO says Kyrgyz government should take all possible measures to ensure the safety and security of Pakistani students and citizens

Published 18 May, 2024 06:24pm

Europe

Zelensky expects Russian offensive in northeast Ukraine to intensify

KYIV: Ukrainian President Volodymyr Zelensky told AFP in an exclusive interview he expects Russia to step up its...

Published 18 May, 2024 05:31pm

South Asia

Three Spaniards, three Afghans killed in shooting in Afghanistan

KABUL: The bodies of three Spanish tourists and three Afghans shot dead while visiting a market in Afghanistan were...

Published 18 May, 2024 05:25pm

Europe

Turkiye pardons seven generals for role in 1997 coup

ISTANBUL: Turkish President Recep Tayyip Erdogan has pardoned seven generals imprisoned for their role in the...

Published 18 May, 2024 05:17pm

Not stopped from blocking SIM cards: FBR only barred from taking coercive steps against telcos: IHC

ISLAMABAD: The Islamabad High Court (IHC) clarified it had not stopped the Federal Board of Revenue (FBR) from...

Updated 18 May, 2024 04:59pm

Q3: Nepra gives its nod to Rs52bn QTA for Discos, KE

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Friday gave its consent to approve Quarterly...

Updated 18 May, 2024 04:59pm

Middle East

Israeli forces kill senior Palestinian fighter in Jenin: army

RAMALLAH: The Israeli military said on Saturday it killed a senior Palestinian fighter during an air strike on an...

Updated 18 May, 2024 04:59pm

South Asia

Fifty dead in heavy rain, floods in central Afghanistan, official says

KABUL: At least 50 people are dead following a fresh bout of heavy rain and flooding in central Afghanistan, an...

Updated 18 May, 2024 04:58pm

Commodities

Gold price per tola jumps Rs3,100 in Pakistan

Gold prices recorded a massive jump in Pakistan on Saturday in line with the increase in the international rate. In...

Updated 18 May, 2024 04:58pm

Apr FDI inflow up 172pc to $358.84m YoY

KARACHI: The inflow of Foreign Direct Investment (FDI) in Pakistan has increased by 172 percent on year-on-year...

Updated 18 May, 2024 04:58pm

Talks with IMF on next phase of engagement this week

ISLAMABAD: The International Monetary Fund (IMF) Mission is meeting with the Pakistani authorities this week to...

Updated 18 May, 2024 04:58pm

PPIB seeks to dodge swinging sell-off sword

PPIB requests Board to accord approval to categorization and classification of PPIB as an 'Essential SOE' under Clause 11 of SOE Policy

Updated 18 May, 2024 04:54pm

Tariff rationalisation for industries: PM orders preparation of strategy

ISLAMABAD: Prime Minister Shehbaz Sharif has directed to immediately prepare a strategy regarding tariff...

Updated 18 May, 2024 03:49pm

Track-and-Trace programme: Bureaucratic hurdles put huge FDI at stake

ISLAMABAD: The bureaucratic hurdles created by the Federal Board of Revenue (FBR) have put foreign direct investment...

Updated 18 May, 2024 03:49pm

Stocks

Indian shares muted in special Saturday session

BENGALURU: Indian shares were little changed in a special session conducted on Saturday for stock exchanges to test...

Published 18 May, 2024 02:50pm

South Asia

North Korea confirms missile launch, vows bolstered nuclear force

SEOUL: North Korea has test-fired a tactical ballistic missile equipped with a “new autonomous navigation system”,...

Published 18 May, 2024 10:45am

Commodities

China’s April aluminium imports jump 72.1% year-on-year

BEIJING: China’s April imports of unwrought aluminium and products jumped 72.1% on-year to 380,000 metric tons,...

Published 18 May, 2024 10:28am

South Asia

Philippines to vigorously defend territory, president says

MANILA: Philippine President Ferdinand Marcos Jr said on Saturday the country will “vigorously defend what is ours”,...

Published 18 May, 2024 10:24am

Energy

China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand

BEIJING: China’s gasoline exports in April fell to the lowest level since July 2015, customs data and Reuters...

Published 18 May, 2024 10:19am

Chahbahar deal: FO says Pakistan does not make comments on other states’ relations

ISLAMABAD: The Foreign Office on Friday said that the India-Iran deal on Chahbahar Port is an agreement between the...

Updated 18 May, 2024 09:16am

Taxes

Blocking SIM cards of non-filers: JWG constituted to streamline process

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Joint Working Group (JWG) of tax officials and...

Updated 18 May, 2024 08:41am

UN projects Pak economy to grow by 2pc in 2024

NEW YORK: Pakistan, which faces significant economic challenges, is expected to have “modest economic growth”, with...

Updated 18 May, 2024 08:40am

BR’s refresher: your morning briefing for the day

Important updates from May 17, 2024

Published 18 May, 2024 08:38am

Fighting corruption through e-procurement regime

Transparency International (TI) — a global watchdog of corruption, ranks Pakistan at 29 out of 180 countries in ...

Updated 18 May, 2024 06:19am

PARTLY FACETIOUS: The King is alive and will remain alive and…

“So now what?” “Now no amendment to the constitution is possible as the court has suspended the distribution of...

Updated 18 May, 2024 06:16am

Matter of motorcycles

The Punjab Transport Department will provide 20,000 motorcycles to students on easy monthly installments. An...

Updated 18 May, 2024 06:15am

The profundity of economic power

The US has warned of potential sanctions for any country considering business deals with Iran hours after India...

Updated 18 May, 2024 06:13am

The Weather

KARACHI: The weather report on Friday (May 17, 2024) and the forecast for Saturday (May 18, 2024)...