News Archives for Latest - 2023-09-29

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Archive - 2023-09-29

Business & Finance

IMF programme: Govt will deliver to secure $700m under SBA: Shamshad

ISLAMABAD: The caretaker government will deliver on the International Monetary Fund (IMF) programme to secure $700...

Updated 03 Oct, 2023 06:23am

Sports

Pakistan suffer humiliating loss in World Cup warm-up

HYDERABAD: Rachin Ravindra and returning Kane Williamson played key knocks as New Zealand chased down 345 to thrash...

Updated 30 Sep, 2023 01:49pm

Business & Finance

Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF

Key measures include revenue enhancement strategies including tax revisions in sectors such as retail, agriculture, and real estate, alongside a wealth tax on movable assets, as deemed appropriate

Updated 30 Sep, 2023 09:45am

Pakistan

Security on high alert in Karachi after Mastung blast: police

Security in Karachi on Friday was put on high alert following the tragic incident of Mastung, police said. The...

Updated 30 Sep, 2023 09:40am

Pakistan

At least 53 dead, several injured as 'suicide blast' jolts Balochistan’s Mastung

Attack takes place near Eid Milad-un-Nabi (PBUH) procession

Updated 30 Sep, 2023 09:39am

Pakistan

Soldier martyred in Kurram district: ISPR

A Pakistan Army soldier was martyred during an intense exchange of fire with terrorists in Khyber Pakhtunkhwa’s (KP)...

Updated 30 Sep, 2023 09:22am

Pakistan

Sindh caretaker CM orders inquiry into killing of 4 villagers in Sakrand

Sindh Caretaker Chief Minister Justice (retd) Maqbool Baqar on Friday ordered an inquiry into the killing of four...

Updated 30 Sep, 2023 09:21am

PSM expenditure since its closure: ECC directs FD to submit details of cost borne by govt

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Finance Division to submit...

Updated 30 Sep, 2023 09:21am

Markets

Pakistan 'finalises' free trade agreement with GCC

In a major development, Pakistan has finalised a free trade agreement (FTA) with the Gulf Cooperation Council (GCC),...

Updated 30 Sep, 2023 09:09am

Pakistan

Will not be in govt’s control if Imran legally barred from polls: PM Kakar

Says law should take its course on Nawaz Sharif's return to Pakistan

Updated 30 Sep, 2023 09:03am

Pakistan

Twin blasts inside mosque in KP’s Hangu leave at least 5 dead, dozens injured

The incident took place during Friday prayers sermon

Updated 30 Sep, 2023 08:53am

South Asia

Russia hosts Taliban talks as it seeks regional influence

MOSCOW: Russia hosted Taliban leaders for talks on regional security Friday as it seeks to forge ties with...

Updated 30 Sep, 2023 08:53am

Sept inflation seen at 29-31pc

KARACHI: Inflation in Pakistan is expected to clock in around 29-31% in September, the Ministry of Finance said in...

Updated 30 Sep, 2023 08:52am

Perspectives

Pakistani expat doctors: a story of sacrifice - II

“I had two kids and was pregnant with my third - and my husband said not to miss out on this opportunity.” Doctor...

Published 29 Sep, 2023 10:14pm

Editorials

Tax the rich

EDITORIAL: One reason our ruling class always paints IMF’s conditions as “harsh” is their own inability, rather...

Updated 29 Sep, 2023 09:29pm

Energy

Oil falls as macroeconomic concerns dampen price rally

LONDON: Oil prices fell on Friday in a volatile trading session, as macroeconomic concerns weighed on the recent...

Updated 29 Sep, 2023 08:28pm

USA

US Senate titan Dianne Feinstein dead at 90

WASHINGTON: Veteran Senator Dianne Feinstein, a titan of US political history who notched a string of legislative...

Published 29 Sep, 2023 07:50pm

South Asia

India foreign minister says he spoke to Blinken, US NSA about Sikh separatist murder

NEW DELHI: India’s foreign minister on Friday said he spoke to U.S. Secretary of State Antony Blinken and the U.S....

Published 29 Sep, 2023 07:38pm

Movies & Music

*NSYNC drop first new song together in 20 years

LONDON: NSYNC, one of the most successful acts of the late 1990s, released their first new music together in 20...

Updated 29 Sep, 2023 07:16pm

Europe

EU urges Azerbaijan to let UN visit Nagorno-Karabakh

BRUSSELS: The European Union on Friday called on Azerbaijan to let a United Nations mission visit the...

Published 29 Sep, 2023 06:09pm

Money & Banking

India’s forex reserves fall to 4-month low

MUMBAI: India’s foreign exchange reserves fell for a third straight week and were at a four-month low of $590.70...

Published 29 Sep, 2023 05:42pm

Europe

Swiss approve CHF 100 million package to demine Ukraine

ZURICH: Switzerland’s Federal Council has approved a 100 million Swiss franc ($109.57 million) package to demine...

Published 29 Sep, 2023 05:19pm

SOEs Policy: CCoSOEs to put up final draft to cabinet for approval

ISLAMABAD: A meeting of the Cabinet Committee of State-owned Enterprises (CCoSOEs) has decided to put up the final...

Updated 29 Sep, 2023 05:15pm

2022 Pakistan floods: Reconstruction aid lagging: UN chief

UNITED NATIONS: A year after deadly floods inundated a third of Pakistan, the broken promises to rebuild the country...

Updated 29 Sep, 2023 05:14pm

Pakistan

Nation celebrates Eid Milad-un-Nabi with religious zeal

President, Caretaker PM greet Muslims across the world on blessed day

Updated 29 Sep, 2023 05:13pm

Sports

Sakkari, Pegula reach Pan Pacific Open semis as Swiatek crashes out

TOKYO: Four-time Grand Slam champion Iga Swiatek crashed out of the quarter-finals at the Pan Pacific Open in Tokyo...

Published 29 Sep, 2023 05:08pm

Sports

Afghan boxer first reported doping case at Asian Games

HANGZHOU: An Afghan boxer has been provisionally suspended for failing a doping test at the Asian Games, the...

Published 29 Sep, 2023 04:59pm

Commodities

Aluminium rises as traders square positions ahead of quarter-end, stocks decline

LONDON: Prices for aluminium rose on Friday as traders squared positions ahead of the end of the third quarter,...

Published 29 Sep, 2023 04:46pm

Energy

Global LNG: Asia spot prices hit 7-month high on rising demand, Europe supply worries

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose for a third week, gaining $1 to a seven-month high,...

Published 29 Sep, 2023 04:41pm

Stocks

Indian shares end higher as banks, metals gain amid global recovery

BENGALURU: Indian shares closed higher on Friday to post their best day in nearly three weeks, led by gains in banks...

Published 29 Sep, 2023 04:34pm

Commodities

Palm closes with 2.31% weekly gain

JAKARTA: Malaysian palm oil futures closed lower on Friday, reversing their midday gains. However, they recorded a...

Published 29 Sep, 2023 04:28pm

Shamshad-led task force to introduce tax reforms

ISLAMABAD: A task force has been formed for tax reforms, and caretaker Finance Minister Dr Shamshad Akhtar has been...

Updated 29 Sep, 2023 03:01pm

Stocks

London stocks rise at open after bright GDP data

UK stocks ticked higher at open on Friday after data showed Britain’s economic performance since the start of the...

Published 29 Sep, 2023 01:31pm

Europe

No current talks with Taliban, Afghanistan’s Massoud says, promising guerrilla warfare

PARIS: There are no talks with the Taliban to negotiate a peace settlement, Afghan anti-Taliban leader Ahmad Massoud...

Published 29 Sep, 2023 01:30pm

Forex

Russian rouble hits two-week low vs dollar as tax period passes

The Russian rouble weakened to a more than two-week low against the dollar on Friday, heading back past the 97 mark...

Published 29 Sep, 2023 01:20pm

Europe

Karabakh fuel depot blast toll jumps to 170: statement

YEREVAN: The toll from an explosion at a fuel depot in Nagorno-Karabakh that was thronged with Armenians fleeing an...

Published 29 Sep, 2023 01:17pm

Stocks

European stock markets advance at open

LONDON: Europe’s main stock markets rose at the start of trading on Friday following gains elsewhere as oil prices...

Published 29 Sep, 2023 12:31pm

Commodities

Copper set for second consecutive quarter of decline

Copper prices rose on Friday but were on track for a second straight quarter of decline, as rising inventories and a...

Published 29 Sep, 2023 12:25pm

Forex

South African rand firms against weaker dollar

JOHANNESBURG: The South African rand strengthened against a weaker dollar early on Friday after US Treasury yields...

Published 29 Sep, 2023 12:20pm

Sports

Recovering Williamson ruled out of New Zealand’s World Cup opener

NEW DELHI: New Zealand captain Kane Williamson will miss the opening game of the 50-overs World Cup against England...

Published 29 Sep, 2023 12:18pm

Sports

World Cup swansong for Bangladesh’s ‘fab three’

DHAKA: Three cricketers, considered the backbone of Bangladesh’s golden generation, are expected to make their...

Published 29 Sep, 2023 11:56am

Stocks

Hong Kong stocks open with gains

HONG KONG: Hong Kong stocks rose in the first minutes of business Friday, following a positive lead from Wall...

Published 29 Sep, 2023 11:51am

Sports

Sri Lanka’s rising stars dream of emulating class of 1996

COLOMBO: When Sri Lanka clinched a shock 1996 World Cup triumph, Dunith Wellalage and Matheesha Pathirana were not...

Published 29 Sep, 2023 11:47am

Sports

Rashid spin holds key for Afghanistan at World Cup

KARACHI: As a boy growing up in Bati Kot, an arid village in rural Afghanistan, Rashid Khan dreamt of becoming the...

Published 29 Sep, 2023 11:42am

Europe

Russia says 11 Ukrainian drones destroyed overnight

MOSCOW: Russia claimed on Friday that it had destroyed 11 Ukrainian drones overnight, though one UAV dropped...

Published 29 Sep, 2023 11:36am

Sports

US Open quarter-finalist Zheng wins Asian Games gold

HANGZHOU: US Open quarter-finalist Zheng Qinwen won a battle of the top seeds to clinch the Asian Games women’s...

Published 29 Sep, 2023 11:32am

Sports

Mourinho enduring ‘worst start’ as Roma’s struggles continue

Jose Mourinho said he is enduring the worst start to a season as a manager after AS Roma’s 4-1 defeat at Genoa on...

Published 29 Sep, 2023 11:24am

South Asia

Social media and private partnership: inside the changes at India’s space agency

BENGALURU: When the Indian Space Research Organization’s (ISRO) Chandrayaan-3 mission landed on the moon, more than...

Published 29 Sep, 2023 11:18am

Europe

Over 84,700 people cross into Armenia from Karabakh

More than 84,700 people have crossed into Armenia from Azerbaijan’s Karabakh region, the RIA news agency cited...

Published 29 Sep, 2023 11:00am

Sports

Barcelona under investigation for suspected bribery in refereeing case

MADRID: Spanish soccer club Barcelona are under investigation for suspected “active bribery” as part of a probe into...

Published 29 Sep, 2023 10:56am

Europe

Putin meets former Wagner commander Troshev

MOSCOW: Russian President Vladimir Putin was on Friday shown meeting one of the most senior former commanders of the...

Published 29 Sep, 2023 10:53am

Stocks

Asian stocks inch away from 10-month low, rate jitters linger

SINGAPORE: Asian shares eased away from their lowest levels in 10 months but were on course to clock their worst...

Published 29 Sep, 2023 10:46am

World

Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets

SYDNEY: China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources,...

Published 29 Sep, 2023 10:44am

USA

Blinken raised Sikh separatist murder with India’s Jaishankar, US official says

WASHINGTON/OTTAWA: US Secretary of State Antony Blinken urged India to cooperate with a Canadian investigation into...

Published 29 Sep, 2023 10:39am

Bullion Rate

Gold set for worst month in seven on elevated US rates outlook

Gold prices on Friday braced for their biggest monthly fall since February, hovering around levels at over six-month...

Published 29 Sep, 2023 10:31am

Stocks

Australian shares rise; set for worst month in a year as rate-hike woes persist

Australian shares rose on Friday led by heavyweight mining stocks, but the market was set for its worst month in a...

Published 29 Sep, 2023 10:28am

Stocks

Indian shares rise as metals, power stocks gain

Indian shares edged up on Friday, led by gains in metals and power companies, as risk sentiment improved in global...

Published 29 Sep, 2023 10:25am

Stocks

Japan’s Nikkei falls, set for worst quarter in a year as energy stocks weigh

TOKYO: Japan’s Nikkei share average sank on Friday as a retreat in crude oil pulled down energy shares, keeping the...

Published 29 Sep, 2023 10:21am

COAS tells Punjab Apex Committee: Actions against spectrum of illegal activities to continue

ISLAMABAD: General Syed Asim Munir, Chief of Army Staff (COAS) on Thursday said law enforcement actions against...

Updated 29 Sep, 2023 10:20am

Forex

Dollar off 10-month high, yen still under intervention watch

TOKYO: The dollar held off a 10-month high on Friday as markets headed into the end of the quarter, giving the yen...

Published 29 Sep, 2023 10:18am

BR’s refresher: your morning briefing for the day

Important updates from September 28, 2023

Published 29 Sep, 2023 10:13am

Financial

Credit Suisse expects Q3 loss of $1.6bn from reclassifying loans

ZURICH: Credit Suisse expects to make a third quarter loss of about $1.6 billion from reclassification of loans...

Published 29 Sep, 2023 10:12am

Financial

Bank of Japan steps in market as JGB yields hit multi-year high

TOKYO: The Bank of Japan bought 300 billion yen ($2 billion) of bonds with maturities between 5 and 10 years on...

Published 29 Sep, 2023 10:11am

Tax return filing deadline likely to be extended by 1 month

ISLAMABAD: The Federal Board of Revenue (FBR) may grant a one-month extension in filing of income tax return forms,...

Updated 29 Sep, 2023 09:56am

Eid Milad-un-Nabi (PBUH) today

LAHORE: All is set to observe the Eid Milad-un-Nabi (PBUH) with traditional religious zeal and fervor across the...

Updated 29 Sep, 2023 09:44am

‘Possible’ CPEC ‘rollback’: Jilani refutes speculation

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani on Thursday refuted the speculation being rife about...

Updated 29 Sep, 2023 09:38am

Opinion

Facilitate to educate

There are a lot of suggestions on how to eradicate poverty and help the underprivileged survive in these days of...

Updated 29 Sep, 2023 06:54am

Supplements

LCCI Message from Dr Arif Alvi, The President of the Islamic Republic of Pakistan

TEXT: I extend my deepest congratulations to the Lahore Chamber of Commerce and Industry (LCCI) on reaching its...