News Archives for Latest - 2023-07-22

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Cricket

Root removes Labuschagne as rain frustrates England's Ashes push

MANCHESTER: Australia century-maker Marnus Labuschagne fell to Joe Root before rain returned to frustrate England's...

Updated 23 Jul, 2023 01:10am

World

War reporter's death prompts Russian outrage over Ukraine's alleged use of cluster bombs

A Russian war reporter was killed and three were wounded in Ukraine on Saturday in what the defence ministry said ...

Published 22 Jul, 2023 11:58pm

World

Major rain damage in Canadian province, but dam breach threat lifted: CBC

OTTAWA: The heaviest rains in more than 40 years badly damaged a major city in Canada's Atlantic region on Saturday...

Published 22 Jul, 2023 11:45pm

Energy

Pakistan’s power generation cost drops significantly in June

The total cost of generating electricity in the country decreased significantly by 35%, hitting Rs9.63 KWh in June...

Updated 22 Jul, 2023 09:39pm

South Asia

G20 bloc fails to reach agreement on cutting fossil fuels

BAMBOLIM: The Group of 20 (G20) major economies meeting in India failed on Saturday to reach consensus on phasing...

Updated 22 Jul, 2023 09:38pm

Business & Economy

Tax measures in IMF’s LoI already implemented: Ishaq Dar

Finance minister reiterates stance that govt will not impose any new taxes since all measures had been taken

Updated 22 Jul, 2023 08:03pm

Pakistan

PM Shehbaz reiterates call for national unity on Charter of Economy

Premier says the risk of default is gone due to an agreement with the IMF

Published 22 Jul, 2023 07:57pm

Asia

China envoy calls Kenya economic ties a ‘win-win’

NAIROBI: China’s top diplomat Wang Yi during a visit to Kenya on Saturday praised the two countries’ economic...

Published 22 Jul, 2023 07:12pm

South Asia

Death toll in Indian landslide rises to 26, dozens more feared trapped

MUMBAI: The death toll from a landslide in India’s western state of Maharashtra rose to 26 on Saturday, a disaster...

Updated 22 Jul, 2023 05:50pm

Cricket

Pakistan look to double up against Sri Lanka after year-long drought

COLOMBO: Pakistan will look to use their newfound batting aggression to double up against Sri Lanka in the second...

Updated 22 Jul, 2023 05:50pm

Pakistan

Lahore DIG Shariq Jamal found dead at his residence: police

An immediate inquiry has been launched

Updated 22 Jul, 2023 05:46pm

Pakistan

Monkey business in Pakistan court during smuggling case

KARACHI: A baby monkey caused chaos in a Pakistan court after escaping from a troop presented as evidence in a case...

Updated 22 Jul, 2023 05:45pm

South Asia

Narendra Modi says encouraging response to global grid proposal

BAMBOLIM: India has had an “encouraging” response from other countries to its proposal to build a transnational grid...

Updated 22 Jul, 2023 05:44pm

Energy

UAE says OPEC+ taking adequate measures for oil market stability

GOA: The OPEC+ bloc is taking adequate measures for the stability of the oil market, United Arab Emirates Energy...

Updated 22 Jul, 2023 05:42pm

Pakistan

PM Shehbaz lays foundation stone of road projects in Punjab

Says the previous government did not start any development project and pushed the country toward darkness

Updated 22 Jul, 2023 04:39pm

Movies & Music

Global retailers cash in on Barbie movie craze

Shoppers are snapping up Barbie hoop earrings, perfume, jumpsuits, and dresses as retailers seek to cash in on...

Published 22 Jul, 2023 03:35pm

Movies & Music

Indian stars bring superhero show to strike-hit Comic-Con

SAN DIEGO: With strikes keeping Hollywood actors away from Comic-Con, megastars of Indian cinema stole the spotlight...

Published 22 Jul, 2023 02:58pm

Money & Banking

India Kotak Mahindra Bank’s 67% profit jump beats expectations

MUMBAI: India’s Kotak Mahindra Bank beat expectations on Saturday with a 67% year-on-year rise in net profit for the...

Published 22 Jul, 2023 02:17pm

Money & Banking

India Yes Bank’s net profit rises 10.3% in April-June

MUMBAI: India’s Yes Bank reported a smaller-than-expected increase in quarterly net profit on Saturday as it kept...

Published 22 Jul, 2023 02:12pm

Europe

Ukraine launched attempted drone attack on Crimea, official says

Ukraine attempted to launch a drone attack on the Crimean peninsula on Saturday, the region’s Russian-installed...

Published 22 Jul, 2023 02:09pm

Companies

Go First gets claims worth $2.9bn from creditors

MUMBAI: Go Airlines (India) Ltd has received claims worth 240 billion rupees ($2.9 billion) from operational and...

Published 22 Jul, 2023 12:35pm

Perspectives

Pakistan’s energy mix and export competitiveness

The growing population and economy of Pakistan are pushing up energy demand. Unfortunately, the country’s energy mix...

Published 22 Jul, 2023 12:10pm

Fiscal year 2022-23: Govt borrows $10.84bn from multiple sources

Economic Affairs Division data shows that country borrowed $2.206 billion from foreign commercial banks during the fiscal year 2022-23

Updated 22 Jul, 2023 11:58am

South Asia

North Korea fires ‘several cruise missiles’ into sea

SEOUL: North Korea has fired “several cruise missiles” into the Yellow Sea between China and the Korean peninsula,...

Published 22 Jul, 2023 10:37am

Middle East

Iraq assures foreign diplomatic missions of their security

The Iraqi government sought to reassure diplomatic missions in the country of their security on Saturday, saying it...

Published 22 Jul, 2023 10:24am

USA

USS Canberra: US commissions first Navy warship in foreign port

SYDNEY: The United States commissioned a warship in Sydney, Australia, on Saturday, the first time a U.S. Navy...

Published 22 Jul, 2023 10:17am

Agri tube-wells: Govt to implement solarisation project in phase-wise manner

ISLAMABAD: The government has decided to implement Prime Minister’s National Programme for solarisation of agri...

Updated 22 Jul, 2023 10:05am

NA body approves Pemra Amendment Bill 2023: New rules for electronic media announced

ISLAMABAD: The National Assembly Standing Committee on Information and Broadcasting, on Friday, unanimously,...

Updated 22 Jul, 2023 10:03am

May 9 mayhem accused: ‘There should be no trial without informing SC’

ISLAMABAD: The Supreme Court on Friday told the government that there should be no trial of persons arrested as a...

Updated 22 Jul, 2023 10:02am

Dar informs National Assembly: No new tax on agriculture, real estate sectors

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Ishaq Dar said that the government would not impose...

Updated 22 Jul, 2023 10:01am

Power Div says it has no control over Discos

ISLAMABAD: Power Division said on Friday that its administrative powers to interfere in internal affairs of...

Updated 22 Jul, 2023 09:48am

Islamabad airport to be outsourced for 15 years: govt

ISLAMABAD: Federal Minister for Aviation Khawaja Saad Rafique on Friday informed National Assembly that Islamabad...

Updated 22 Jul, 2023 09:46am

Illicit trade: Cigarette makers question FBR’s performance

ISLAMABAD: Leading cigarette manufacturers Friday raised serious questions over the performance of the Federal Board...

Updated 22 Jul, 2023 09:45am

Friendly countries: SIFC approves projects for attracting investments

ISLAMABAD: The Apex Committee of the Special Investment Facilitation Council (SIFC) on Friday approved the projects...

Updated 22 Jul, 2023 09:35am

BR’s refresher: your morning briefing for the day

Important updates from July 21, 2023

Published 22 Jul, 2023 09:22am

Judgment to quash reference against Justice Isa: CJP allows govt’s plea seeking to withdraw curative review petitions

ISLAMABAD: Chief Justice Umar Ata Bandial allowed the federal government’s plea to withdraw curative review...

Updated 22 Jul, 2023 09:22am

PTI says IMF acknowledges leadership’s support

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday said that the International Monetary Board (IMF) staff report...

Updated 22 Jul, 2023 09:20am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (July 21, 2023). ======================== Offer...

Published 22 Jul, 2023 06:56am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (July 21, 2023). ======================== Offer...

Published 22 Jul, 2023 06:56am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (July 21, 2023). ======================== Offer Price 1,354.9000 Bid...

Published 22 Jul, 2023 06:56am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (July 21, 2023). ======================== Offer Price 1,840.0374...

Published 22 Jul, 2023 06:56am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (July 21, 2023). ======================== Offer Price ...

Published 22 Jul, 2023 06:56am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (July 21, 2023). ======================== Offer Price...

Published 22 Jul, 2023 06:56am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (July 21, 2023). ======================== Offer Price ...

Published 22 Jul, 2023 06:56am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (July 21, 2023). ======================== Offer Price 624.7692...

Published 22 Jul, 2023 06:56am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE 2,432.7623...

Published 22 Jul, 2023 06:56am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE 464.4878...

Published 22 Jul, 2023 06:56am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE 542.3378...

Published 22 Jul, 2023 06:56am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE 1,776.9776...

Published 22 Jul, 2023 06:56am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE...

Published 22 Jul, 2023 06:56am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE 1,587.4254 BID...

Published 22 Jul, 2023 06:56am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE 1,114.8987...

Published 22 Jul, 2023 06:56am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE 1,559.3516...

Published 22 Jul, 2023 06:56am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE...

Published 22 Jul, 2023 06:56am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (July 21, 2023). ======================== OFFER PRICE...

Published 22 Jul, 2023 06:56am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 22 Jul, 2023 06:56am

Rates

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 22 Jul, 2023 06:56am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 22 Jul, 2023 06:56am

Rates

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 22 Jul, 2023 06:56am

Rates

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 22 Jul, 2023 06:56am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 21, 2023). ==================================== BR...

Published 22 Jul, 2023 06:56am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Friday...

Published 22 Jul, 2023 06:56am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (July 21, 2023)....

Published 22 Jul, 2023 06:56am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 22 Jul, 2023 06:56am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (July 21, 2023)....

Published 22 Jul, 2023 06:56am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 21, 2023)....

Published 22 Jul, 2023 06:56am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (July 21, 2023). ======================== Open Bid Rs...

Published 22 Jul, 2023 06:56am

Pakistan

The Weather

KARACHI: The weather report on Friday (July 21, 2023) and the forecast for Saturday (July 22, 2023)...

Published 22 Jul, 2023 06:56am

Editorials

Rise in clearance of imports, exports

EDITORIAL: The Federal Board of Revenue (FBR) during a meeting with a World Bank mission revealed that it increased...

Updated 22 Jul, 2023 06:40am

Opinion

Inequality, poverty, and austerity — II

Unfortunately, both the IMF and individual countries practicing these, in or outside of the IMF programme, are not...

Published 22 Jul, 2023 06:25am

Opinion

SOEs: privatisation the only solution

Driven by the current ‘four-point must list of IMF’ to qualify for the next tranche of Fund’s lending in...

Published 22 Jul, 2023 06:15am

Pakistan

Bank Alfalah launches plantation drive with WWF-Pakistan

KARACHI: Bank Alfalah has initiated a GreenWay Forward, a plantation drive with World Wide Fund for Nature Pakistan...