News Archives for Latest - 2024-02-08

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Archive - 2024-02-08

Pakistan

General Elections 2024: access updated, detailed results here

A massive delay in issuance of official results by the Election Commission of Pakistan (ECP), allegations of...

Updated 12 Feb, 2024 10:32am

Energy

Oil up 2% on Gaza ceasefire rejection and US fuel stocks data

Wider Middle East tensions have kept the market on edge since October, with limited progress in talks to end the Gaza conflict

Updated 08 Feb, 2024 11:57pm

Election Results Tabls

Election Results SeatNo Stations First Second NA-1 4/312 Maulana Abdul Akbar Chitrali (JIP) 1,386 votes Abdul Latif...

Published 08 Feb, 2024 11:44pm

USA

US Senate votes to start work on Ukraine aid in shock turnaround

WASHINGTON: US senators cleared a first hurdle Thursday to a sweeping foreign aid package – including a $60 billion...

Published 08 Feb, 2024 11:53pm

Money & Banking

US banking system ‘well-capitalized’ despite risks: Yellen

WASHINGTON: US Treasury Secretary Janet Yellen said Thursday that the country’s banking system is “well-capitalized”...

Published 08 Feb, 2024 11:31pm

Business & Economy

Negotiating new IMF deal, controlling inflation: Dr Reza Baqir highlights challenges for new govt

Remarks come as Pakistanis vote to elect future govt on Thursday

Updated 08 Feb, 2024 11:23pm

Pakistan

At least 4 policemen killed in blast near police vehicle in Dera Ismail Khan

At least four policemen were martyred and five others injured in a blast targeting a police vehicle in Kulachi...

Updated 08 Feb, 2024 10:58pm

Sports

Australia edge Pakistan to set up Under-19 World Cup final against India

BENONI: Australia scrambled to a one-wicket win with five balls to spare in their Under-19 World Cup semi-final...

Published 08 Feb, 2024 10:24pm

Pakistan

'Peaceful elections' expected to strengthen democracy in country: ISPR

The military's media wing says the armed forces remain dedicated to maintaining peace and security in the country and stand ready to support the democratic traditions of our nation unwaveringly

Published 08 Feb, 2024 09:33pm

Money & Banking

ECB needs more inflation evidence before easing: policymakers

FRANKFURT: The European Central Bank still needs more evidence that inflation is heading back to its 2% target...

Published 08 Feb, 2024 09:21pm

Technology

Google goes big on ChatGPT-style chatbot

SAN FRANCISCO: Google on Thursday rebranded its ChatGPT-style chatbot to Gemini, giving it unprecedented prominence...

Published 08 Feb, 2024 09:03pm

Opinion

I’m not voting

None of the top politicians and political parties making promises about free houses and hundreds of electricity...

Updated 08 Feb, 2024 08:42pm

Pakistan

Internet shutdown will not impact compilation of election results: CEC Raja

Chief Election Commissioner (CEC) Sikandar Sultan Raja stated on Thursday that the internet shutdown caused by the...

Updated 08 Feb, 2024 08:39pm

Life & Style

Recipe for trouble: Butter chicken battle hits Indian court

NEW DELHI: Butter chicken, one of India’s most loved dishes, is at the centre of a culinary storm with two competing...

Published 08 Feb, 2024 08:39pm

Stocks

US stocks tread water as market targets 5,000 for S&P 500

NEW YORK: US stocks opened little changed Thursday as strong Disney results bolstered the prospects for the S&P...

Published 08 Feb, 2024 08:32pm

Pakistan

Mobile services partially restored in some areas: interior ministry

Mobile services restored in Bhakkar, Sargodha, Taxila, Gujar Khan Chakri, Loralai, Sibi and Jhal Magsi as of 8pm, says ministry

Published 08 Feb, 2024 08:22pm

USA

Biden to host Jordan king next week to discuss Gaza

WASHINGTON: US President Joe Biden will host Jordan’s King Abdullah II in Washington on Monday for talks on...

Published 08 Feb, 2024 08:13pm

Middle East

Israeli destruction to make Gaza 'buffer zone' a 'war crime': UN

GENEVA: Israel's reported ongoing destruction of all buildings along the border inside Gaza with the aim of creating...

Published 08 Feb, 2024 08:07pm

Sports

Toney not certain to leave Brentford, says Frank

LONDON: Brentford manager Thomas Frank has claimed Ivan Toney could stay with the club next season despite interest...

Published 08 Feb, 2024 07:50pm

Europe

Germany’s Scholz urges EU, US to do more on Ukraine aid

BERLIN: German Chancellor Olaf Scholz Thursday urged the European Union and United States to step up efforts to...

Published 08 Feb, 2024 07:47pm

Europe

France records over 5,000 deaths due to summer 2023 heat

PARIS: More than 5,000 people died in France as a result of searing summer heat last year, health authorities said...

Published 08 Feb, 2024 07:43pm

Stocks

Stock markets mostly advance as investors track company earnings

LONDON: European and Asian stock markets mostly rose Thursday as investors tracked a raft of company results and the...

Updated 08 Feb, 2024 07:39pm

Sports

UEFA president Ceferin won’t seek re-election in 2027

PARIS: Aleksander Ceferin said Thursday he would not seek a fourth term as UEFA president in 2027 despite the...

Published 08 Feb, 2024 07:37pm

USA

US weekly jobless claims fall more than expected last week

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,...

Published 08 Feb, 2024 07:36pm

Sports

Sri Lanka readies for challenge in Afghanistan ODI series

KANDY: Sri Lanka won their one-off Test match against Afghanistan by 10 wickets, but skipper and captain Kusal...

Published 08 Feb, 2024 07:32pm

Companies

Canada’s Bell to cut 4,800 jobs in latest round as ad dollars dry up

Canadian media and telecom firm Bell will cut 4,800 positions, parent company BCE said on Thursday, in its largest...

Published 08 Feb, 2024 07:30pm

Commodities

Asia rice: Thin supply propels rates in India to fresh record high

Prices of parboiled rice exported from top hub India extended their rally this week, rising for a fourth consecutive...

Published 08 Feb, 2024 07:22pm

Movies & Music

Disney beats forecasts as streaming struggles improve

SAN FRANCISCO: Disney on Wednesday reported higher than expected profit in the final three months of last year as it...

Published 08 Feb, 2024 07:14pm

Pakistan

PM Kakar felicitates nation on successful conduct of general elections

Premier says the high voter turnout is a clear indication of public commitment to shaping the future of our country

Published 08 Feb, 2024 07:11pm

South Asia

Bangladesh likely to sign another long-term LNG deal, buy more spot cargoes

QUITOL: Bangladesh will likely sign its fifth long-term liquefied natural gas (LNG) contract in “a couple of years”...

Updated 08 Feb, 2024 07:08pm

Europe

Putin and Xi reject US ‘interference’, praise their own ties and trade

MOSCOW: Russian President Vladimir Putin and Chinese President Xi Jinping spoke by phone on Thursday and both...

Published 08 Feb, 2024 06:50pm

Stocks

Gulf markets end mixed on Gaza ceasefire rejection; Saudi extends gains

Stock markets in the Gulf ended mixed on Thursday after Israel rejected ceasefire offer from Hamas, with the Saudi...

Published 08 Feb, 2024 06:40pm

Europe

January was world’s warmest on record, EU scientists say

BRUSSELS: The world just experienced its hottest January on record, continuing a run of exceptional heat fuelled by...

Updated 08 Feb, 2024 06:23pm

Middle East

Antony Blinken pushes for hostage deal with Israel cabinet centrists

TEL AVIV: US Secretary of State Antony Blinken on Thursday discussed ways to secure the release of Gaza hostages...

Updated 08 Feb, 2024 06:21pm

Pakistan

Election day: internet shutdown ‘reckless attack’ on people’s rights, says Amnesty International

Human rights watchdog Amnesty International on Thursday said the decision of Pakistan authorities to suspend...

Published 08 Feb, 2024 06:19pm

Middle East

Hamas ‘open’ to more ceasefire talks: Palestinian official

GAZA STRIP: Hamas still wants to discuss a ceasefire in its war with Israel, a Palestinian official told AFP...

Published 08 Feb, 2024 06:16pm

South Asia

EU’s Afghanistan special envoy cautiously ‘optimistic’ ahead of key meeting

KABUL: The European Union Special Envoy for Afghanistan on Thursday said he was “slightly more optimistic” that...

Published 08 Feb, 2024 05:55pm

Pakistan

Nine killed on election day in Pakistan

ISLAMABAD: Nine people, including two children, were killed in different attacks in Pakistan on Thursday as the...

Published 08 Feb, 2024 05:31pm

Sports

FIFA chief Infantino repeats call for action against racism

PARIS: FIFA President Gianni Infantino reiterated his call for action to tackle the increase in racist incidents in...

Published 08 Feb, 2024 05:32pm

Pakistan

General Elections 2024: polling ends as Pakistan marred by ‘disconnect’

Pakistan voted in the country’s 12th General Elections under a bar on communication with mobile internet services...

Updated 08 Feb, 2024 05:31pm

South Asia

Xi urges ‘close strategic coordination’ in call with Putin

BEIJING: China’s President Xi Jinping told Russian President Vladimir Putin that the two countries should pursue...

Published 08 Feb, 2024 05:25pm

Stocks

Indian shares drop as central bank douses hopes of early rate cut

BENGALURU: Indian shares fell on Thursday, dragged by rate-sensitive sectors, after the Reserve Bank of India (RBI)...

Published 08 Feb, 2024 05:18pm

Stocks

Sri Lankan shares end higher on financials and industrials boost

BENGALURU: Sri Lankan shares settled higher on Thursday, helped by gains in financial and industrial stocks. At...

Published 08 Feb, 2024 05:15pm

Commodities

Palladium price drops below platinum for the first time since 2018

Spot palladium prices fell below those of sister metal platinum for the first time since April 2018 on Thursday, as...

Published 08 Feb, 2024 05:12pm

Commodities

Palm oil closes almost flat amid supply worries

KUALA LUMPUR: Malaysian palm oil futures were little changed on Thursday after three consecutive sessions of gains,...

Published 08 Feb, 2024 05:09pm

Travel

For China’s new globetrotters, group tours are out and Northern Lights are in

SHANGHAI: Yuwei Zhangzou represents a new type of Chinese tourist. Last month, the Shanghai-based fashion influencer...

Published 08 Feb, 2024 04:52pm

Life & Style

Celebrities exercise right to vote

As Pakistan went to the polls on February 8 amidst a stifling telecommunication blackout, celebrities also cast...

Published 08 Feb, 2024 04:17pm

Sports

Nigeria reach AFCON final after shootout victory over South Africa

BOUAKÉ: Substitute Kelechi Iheanacho scored to give Nigeria a 4-2 penalty shootout victory over South Africa on...

Published 08 Feb, 2024 02:35pm

Sports

‘Best yet to come’ after Qatar set up Asian Cup final with Jordan

DOHA: Goal-scorer Akram Afif said “the best is yet to come” after hosts and holders Qatar squeezed into an Asian Cup...

Published 08 Feb, 2024 02:29pm

Sports

Tyrrell Hatton uncertain of Ryder Cup future after LIV switch

Tyrrell Hatton thinks his Ryder Cup future is far from certain after his move to LIV Golf but believes his fellow...

Published 08 Feb, 2024 02:19pm

Pakistan

Nawaz casts vote, Imran in jail as Pakistanis vote for future

ISLAMABAD: Millions of Pakistanis are currently voting in an election amid concerns about security as well as...

Published 08 Feb, 2024 01:39pm

Forex

Kenyan shilling firms on investor inflows and central bank comments

NAIROBI: The Kenyan shilling gained ground on Thursday, helped by foreign investor inflows into an infrastructure...

Published 08 Feb, 2024 01:50pm

Pakistan

Mobile phone services suspended across Pakistan as voting begins

ISLAMABAD: Pakistan temporarily suspended mobile phone services on Thursday to strengthen security as voting began...

Updated 08 Feb, 2024 01:31pm

Movies & Music

Prince William thanks public for messages about King Charles and wife Kate

Prince William thanked the British public for their kind messages about his wife Kate following her recent surgery...

Published 08 Feb, 2024 01:31pm

Stocks

Upbeat earnings spark a rise in UK equities

Britain’s benchmark FTSE 100 rose on Thursday, supported by a string of upbeat results from industry giants...

Published 08 Feb, 2024 01:27pm

Companies

Nissan posts 6% rise in Q3 profit, missing estimates

TOKYO: Japan’s Nissan Motor posted a lower-than-expected 6.4% rise in operating profit in the December quarter on...

Published 08 Feb, 2024 01:22pm

Stocks

Major Gulf markets rise in early trade

Major stock markets in the Gulf were up in early trade on Thursday on higher oil prices while investors awaited the...

Published 08 Feb, 2024 01:20pm

Stocks

Hong Kong stocks open lower

HONG KONG: Hong Kong shares sank at the open Thursday, dragged by heavy selling in market heavyweight Alibaba after...

Published 08 Feb, 2024 01:15pm

Asia

North Korea abolishes economic cooperation with South

SEOUL: North Korea’s rubber-stamp parliament has voted to abolish laws on economic cooperation with the South, state...

Published 08 Feb, 2024 01:04pm

Sports

Former Manchester Utd star Lingard joins South Korea’s FC Seoul

SEOUL: Former Manchester United and England midfielder Jesse Lingard said he wanted to “enjoy playing football...

Published 08 Feb, 2024 12:59pm

Europe

Volcano erupts in southwestern Iceland

REYKJAVIK: A volcanic eruption started on the Reykjanes peninsula in southwestern Iceland on Thursday, the third to...

Published 08 Feb, 2024 12:56pm

Stocks

Asian markets mixed after Wall St record, Shanghai extends rally

HONG KONG: Asian stocks were mixed Thursday following another record on Wall Street, with strong earnings, a...

Published 08 Feb, 2024 12:54pm

Life & Style

Gucci owner Kering says profit fell 17% in 2023

PARIS: French luxury giant Kering said Thursday its sales and net profit fell in 2023, warning its investment...

Published 08 Feb, 2024 12:51pm

Companies

Unilever annual profit drops 15% on flat sales

LONDON: British consumer goods giant Unilever on Thursday said its profit after tax dropped 15 percent last year to...

Published 08 Feb, 2024 12:48pm

Business & Finance

IMF projects 3.1% growth in Kazakhstan this year

ALMATY: The International Monetary Fund expects Kazakhstan’s economy to grow 3.1% this year, it said on Thursday,...

Published 08 Feb, 2024 11:33am

Forex

Indian rupee strengthens, RBI policy likely to support upward bias

MUMBAI: The Indian rupee gained on Thursday, aided by better risk appetite amid a pause in the dollar’s recent...

Published 08 Feb, 2024 11:13am

Forex

Yuan holds steady ahead of holidays as China stocks stabilise

SHANGHAI: The yuan held steady against the US dollar on Thursday, as China’s stock market stabilised after the...

Published 08 Feb, 2024 11:11am

Europe

Russia, UN may discuss grain, fertilizer exports in Feb

Representatives of Russia and the United Nations may meet this month for another round of talks on facilitating...

Published 08 Feb, 2024 11:10am

Mutual Funds

India bond yields dip amid high bets of dovish cenbank commentary

MUMBAI: Indian government bond yields trended lower in early session on Thursday amid high expectations of dovish...

Published 08 Feb, 2024 11:00am

Energy

Russia’s Arctic LNG 2 will not start shipments until March

Novatek, Russia’s largest producer of liquefied natural gas (LNG), will start loading first cargo from the Arctic...

Published 08 Feb, 2024 10:58am

Asia

Malaysia has recovered $4.8mn in 1MDB assets since Jan 2023

KUALA LUMPUR: Malaysia has recovered more than 23 million ringgit ($4.83 million) in assets related to scandal-hit...

Published 08 Feb, 2024 10:51am

USA

US senators urge Biden not to shift Defence Department spectrum for wireless use

WASHINGTON: Three US senators on Wednesday urged the Biden administration not to strip the Defence Department of key...

Published 08 Feb, 2024 10:42am

Business & Finance

India’s central bank leaves rates unchanged, sees GDP growth at 7% in 2024-25

MUMBAI: India’s key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as...

Published 08 Feb, 2024 10:36am

Stocks

Australia shares extend gains on boost from banking, tech stocks

Australian shares rose on Thursday, as the gains in banking and technology stocks overshadowed the losses in gold...

Published 08 Feb, 2024 10:34am

Stocks

Japan’s Nikkei leaps to 2-week high on tech stocks, yen boost

TOKYO: Japan’s Nikkei share average hit a more than two-week high on Thursday, as tech stocks followed their Wall...

Published 08 Feb, 2024 10:32am

Stocks

Indian shares set to open higher ahead of RBI rate decision

BENGALURU: Indian shares are set to open higher on Thursday ahead of the Reserve Bank of India’s (RBI) monetary...

Published 08 Feb, 2024 10:30am

Forex

Dollar oscillates on less dovish Fed comments; China inflation data awaited

TOKYO: The US dollar was trading in a tight range on Thursday as traders digested less dovish remarks from...

Published 08 Feb, 2024 10:25am

Key issues behind low revenue identified: Cabinet concerned at ‘integrity’ of FBR board members?

ISLAMABAD: The caretaker Federal Cabinet has reportedly expressed its concerns over the integrity of private members...

Updated 08 Feb, 2024 10:11am

Border crossings with Afghanistan, Iran to remain closed today

ISLAMABAD: To fully ensure security for the general polls, Pakistan decided to close border crossings with...

Updated 08 Feb, 2024 10:11am

Three killed in Karachi grenade explosion

KARACHI: A suspected terrorist, along with a woman and a child, are said to be killed in a blast in Gulshan e...

Updated 08 Feb, 2024 10:11am

Elections 2024

Violence grips country on the eve of general election

At least 28 people killed and over 30 injured

Updated 08 Feb, 2024 10:10am

130,882 personnel of Army, civil armed forces deployed

ISLAMABAD: As many as 130,882 officials of the army and the civil armed forces have been deployed to ensure security...

Updated 08 Feb, 2024 10:10am

FBR restructuring: IHC suspends I&ADC notification

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday suspended the notification for the constitution of a...

Updated 08 Feb, 2024 10:09am

Computer monitor panels: Customs’ values on import of old, used LCD/LED fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi for the first-time fixed customs values on the import of...

Updated 08 Feb, 2024 10:07am

MoF issues FY25 budget call circular

ISLAMABAD: The Finance Ministry has issued the Budget Call Circular (BCC) for fiscal year 2024-25 with a timeline...

Updated 08 Feb, 2024 10:00am

Baggasse-fired IPPs: Nepra allows fuel cost component

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has allowed fuel cost component (FCC) to...

Updated 08 Feb, 2024 09:59am

International oil suppliers: New procedure for import of crude oil, other POL products

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday issued a new procedure for the international oil suppliers...

Updated 08 Feb, 2024 09:58am

Nation goes to the polls today

ISLAMABAD: In the ‘absence’ of former ruling party—Pakistan Tehreek-e-Insaf (PTI) — the country finally goes to...

Updated 08 Feb, 2024 09:57am

BR’s refresher: your morning briefing for the day

Important updates from February 7, 2024

Published 08 Feb, 2024 08:46am

Opinion

A roll of the dice?

Little did anyone foresee that prior to the 2018 elections, Nawaz Sharif would be sidelined from politics under the...

Updated 08 Feb, 2024 05:24am

Opinion

Feb 8 not an ‘ODI’

On February 8, 2024 the nation will head towards the ballot box. Hopefully, the people of the Islamic Republic of...

Updated 08 Feb, 2024 05:23am

Opinion

Beyond authoritarian rule: navigating the technological kaleidoscope

The Constitution of Pakistan, in Article 7, provides a definition for “the State,” encompassing the federal...

Published 08 Feb, 2024 05:02am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (February 07, 2024). ====================================...

Published 08 Feb, 2024 05:07am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (February 07, 2024)....

Published 08 Feb, 2024 05:07am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (February 07, 2024). ======================== Open ...

Published 08 Feb, 2024 05:07am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on...

Published 08 Feb, 2024 05:07am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 08 Feb, 2024 05:07am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (February 07, 2024) and the forecast for Thursday (February 08, 2024)...

Published 08 Feb, 2024 05:07am

Sports

WAPDA, SNGPL set to lock horns for President's Trophy final

LAHORE: Water and Power Development Authority (WAPDA) and Sui Northern Gas Pipelines Limited (SNGPL) are set to play...

Published 08 Feb, 2024 05:02am

World

Divided UN faces world in ‘age of chaos:’ Guterres

UNITED NATIONS: UN Secretary-General Antonio Guterres warned Wednesday that the world is entering “an age of...

Published 08 Feb, 2024 05:02am

Pakistan

PITB’s e-Rozgaar Training Programme: 11,000 Punjab graduated in 2023

LAHORE: Through the e-Rozgaar Training Programme, over 11,000 youth from across Punjab graduated in 2023,...

Published 08 Feb, 2024 05:02am

Pakistan

CEO KW&SC inspects repair work at Hub Canal

KARACHI: CEO KW&SC Engineer Syed Salahuddin Ahmed made a detailed visit to the Hub Canal which was cracked due ...

Published 08 Feb, 2024 05:02am

Pakistan

Cold, dry, windy weather predicted

KARACHI: The election day is likely to see weather with varying conditions from cold and dry to windy and foggy...

Published 08 Feb, 2024 05:02am

Pakistan

IGP Punjab issues promotion orders of 35 inspectors

LAHORE: Inspector General Police Punjab Dr Usman Anwar has issued orders to promote 35 inspectors to the posts of...

Published 08 Feb, 2024 05:02am

Pakistan

Digital Development: ITU appoints Dr Umar to DIB of IEA

ISLAMABAD: The International Telecommunications Union (ITU) has announced the appointment of Dr Umar Saif to the...

Published 08 Feb, 2024 05:02am

Pakistan

LHC disposes of plea of Elahi’s wife

LAHORE: The Lahore High Court on Wednesday disposed of a petition of Qaisera Elahi, wife of PTI president and former...

Published 08 Feb, 2024 05:02am

Pakistan

Pakistan, Commonwealth of Dominica establish diplomatic ties

ISLAMABAD: The Islamic Republic of Pakistan and the Commonwealth of Dominica, a Caribbean Island nation, established...

Published 08 Feb, 2024 05:02am

Pakistan

2024 Happy Chinese New Year: Series of activities launched

ISLAMABAD: The China Cultural Centre in Pakistan and the Cultural Office of the Chinese Embassy in Pakistan have...

Published 08 Feb, 2024 05:02am

Pakistan

Wafaqi Mohtasib resolves 193,028 complaints

ISLAMABAD: Wafaqi Mohtasib has resolved 193,028 complaints against the maladministration of government departments...

Published 08 Feb, 2024 05:02am

Pakistan

Women candidates in the run in elections on general seats

LAHORE: Dozens of women candidates from different parties are contesting on general assembly seats of National and...

Published 08 Feb, 2024 05:02am

Pakistan

Elections: KE extends full support to polling stations

KARACHI: K-Electric is taking all necessary measures in preparation of the 2024 General Elections. Polling stations...

Published 08 Feb, 2024 05:02am

Pakistan

Effective July 2023: ECC raises gas price for Fatima Fertilizer, Agritech

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has increased the gas price for Fatima ...

Published 08 Feb, 2024 05:02am

Pakistan

KPK: elections on 45 NA, 115 PA seats today

PESHAWAR: Polling for 45 general seats of the National Assembly and 115 general seats of the Provincial Assembly in...

Published 08 Feb, 2024 05:02am

Pakistan

Declaring Nawaz Sharif as PM: PPP urges ECP to take notice of advertisement on newspaper front pages by PML-N

ISLAMABAD: The Pakistan People’s Party (PPP) said that the Election Commission of Pakistan (ECP) should take ...

Published 08 Feb, 2024 05:02am

Pakistan

PID makes elaborate arrangements for coverage of polling, results

ISLAMABAD: Press Information Department (PID) has made elaborate arrangements for coverage of the polling and the...

Published 08 Feb, 2024 05:02am

Pakistan

PTI urges masses to cast their votes in great numbers

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday called upon the masses not to stay home at any cost on...

Published 08 Feb, 2024 05:02am

Pakistan

LEAs put security in ICT on high alert

ISLAMABAD: Law Enforcement Agencies put security on high alert in the federal capital and deployed over 9,000...

Published 08 Feb, 2024 05:02am

Pakistan

Lahore: PTI fields 14 candidates for NA, 30 for PA seats

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) has pitched 14 candidates for the National Assembly seats and 30 for the...

Published 08 Feb, 2024 05:02am

Pakistan

General Elections: Punjab police pulls its socks up

LAHORE: Punjab Police has completed its security arrangements and preparations for the peaceful conduct of General...

Published 08 Feb, 2024 05:02am

Pakistan

FESCO establishes election monitoring cell

FAISALABAD: On the special directives of the Ministry of Energy, Power Division and Government of Pakistan, Chief...

Published 08 Feb, 2024 05:02am

Pakistan

CS visits election control room

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman, on Wednesday, visited the control room set up in the Home...

Published 08 Feb, 2024 05:02am

Pakistan

Punjab: elections on 144 NA, 297 PA seats today

LAHORE: All is set to hold general elections on 144 national and 297 provincial assembly constituencies in Punjab...

Published 08 Feb, 2024 05:02am

Pakistan

NA 127: fierce fight between PML-N and PTI expected

LAHORE: A two-way fight is expected between the Pakistan Muslim League-N (PML-N) and the Pakistan Tehreek-e-Insaf...

Published 08 Feb, 2024 05:02am

Pakistan

IG orders appointment of 23 police martyrs’ kids as junior clerks

LAHORE: Inspector General Police Punjab Dr Usman Anwar is taking all possible measures for the best welfare of the...

Published 08 Feb, 2024 05:02am

Pakistan

Matters of faith: Courts must exercise extreme caution, rules SC

ISLAMABAD: The Supreme Court ruled that the Courts must exercise extreme caution when dealing with matters of ...

Published 08 Feb, 2024 05:02am

Pakistan

Post-election situation: Experts see largely ‘polarized’ political landscape

KARACHI: Considering the number of parties and independent candidates contesting in general elections on February 8,...

Published 08 Feb, 2024 05:02am

Pakistan

Zardari, Bilawal condemn terror attacks in Balochistan

ISLAMABAD: Former president of Pakistan and President Pakistan People’s Party Parliamentarians Asif Ali Zardari ...

Published 08 Feb, 2024 05:02am

Pakistan

Commonwealth team visits Sindh EC office

KARACHI: A delegation of Commonwealth headed by Ahmed Issack Hassan, former Chairperson of the Independent National...

Published 08 Feb, 2024 05:02am

Cotton & Textile

Cotton market: Steady trend amid pre-election session

LAHORE: The local cotton market demonstrated resilience on Wednesday, maintaining a steady stance with satisfactory...

Published 08 Feb, 2024 05:02am

Stocks

Indian shares erase gains as IT drags

BENGALURU: Indian shares surrendered the morning’s gains at close on Wednesday, dragged by IT stocks after global...

Published 08 Feb, 2024 05:02am

Stocks

Tokyo’s Nikkei index falls after choppy trade

TOKYO: Tokyo’s blue-chip Nikkei shares drifted lower on Wednesday as investors digested corporate earnings. The...

Published 08 Feb, 2024 05:02am

Stocks

China stocks rise further on market rescue hopes

HONG KONG: China stocks extended their rally on Wednesday as investors awaited more substantial market rescue...

Published 08 Feb, 2024 05:02am

Stocks

European shares fall as declining banks, energy stocks weigh

PARIS: European shares ended lower on Wednesday as weakness in banking shares weighed, while losses in energy...

Published 08 Feb, 2024 05:02am

Stocks

S&P 500 hits record high with earnings, rate outlook in spotlight

NEW YORK: Wall Street gained on Wednesday, with the benchmark S&P 500 scaling a new record high, as investors...

Published 08 Feb, 2024 05:02am

Stocks

Gulf markets gain on optimism over de-escalation in regional tensions

DUBAI: Most stock markets in the Gulf reversed early losses to end higher on Wednesday, helped by optimism for a...

Published 08 Feb, 2024 05:02am

Letters

‘Child kidnapping’

This is apropos a Business Recorder oped “Child kidnapping” carried by the newspaper last Saturday. This crime ...

Published 08 Feb, 2024 05:02am

Pakistan

Jamiat Ahle Hadith supports Aleem Khan

LAHORE: Muttahida Jamiat Ahle Hadith Pakistan on Wednesday announced its support for Abdul Aleem Khan, President...

Published 08 Feb, 2024 05:02am

Commodities

Gold marginally up

KARACHI: Gold prices on Wednesday saw little more gains on the local market but silver was steady, traders said. The...

Published 08 Feb, 2024 05:02am

Energy

MPCL, SEPL sign agreements

KARACHI: Mari Petroleum Company Limited (MPCL) and Spud Energy Pty Limited (SEPL) have signed agreements on ...

Published 08 Feb, 2024 05:02am

Pakistan

Bilawal says ‘only PPP represents the centre’

KARACHI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said that only his party held public...

Published 08 Feb, 2024 05:02am

Pakistan

Clinical trials: DRAP seeks suggestions on revision of guidelines by 22nd

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has asked all the stakeholders to send their suggestions...

Published 08 Feb, 2024 05:02am

Pakistan

Political art on trucks hurt by preference for posters

PESHAWAR: Colourful trucks with paintings of political leaders that once dotted country’s roads and highways ahead...

Published 08 Feb, 2024 05:02am

Pakistan

Pakistan committed to inclusive democratic process: FO

ISLAMABAD: Reacting to concerns voiced by the Office of the High Commissioner for Human Rights (OHCHR) on harassment...

Published 08 Feb, 2024 05:02am

Pakistan

General election: CPJ urges authorities to allow nationwide access to internet

NEW YORK: “Pakistani authorities must allow journalists to work freely and safely in the run-up to elections on...

Published 08 Feb, 2024 05:02am

Rates

Stocks up

KARACHI: A bullish trend continued on Pakistan Stock Exchange on Wednesday on the back of fresh buying by local and...

Published 08 Feb, 2024 05:02am

Business & Finance

BMG chairman vows to help resolve small traders issues

KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI)...

Published 08 Feb, 2024 05:02am

Industry

FCCI ready to cooperate with ‘Akhuwat’: Dr Sajjad

FAISALABAD: Poverty and unemployment could be rooted out through the Islamic philosophy of “Muwakhat” and in ...

Published 08 Feb, 2024 05:02am

Business & Finance

Germany inks agreements worth €45m on technical development

ISLAMABAD: Pakistan and Germany on Wednesday signed agreements worth Euro 45 million on technical development...

Published 08 Feb, 2024 05:02am

Industry

Mosquito knitted net fabric: New customs values determined

ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued new customs values on the import of...

Published 08 Feb, 2024 05:02am

Industry

New customs values on import of shoe polish fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of shoe ...

Published 08 Feb, 2024 05:02am

Business & Finance

Steel melters concerned over surge in power rates

LAHORE: The Pakistan Steel Melters Association (PSMA) has expressed significant concern regarding the recent surge...

Published 08 Feb, 2024 05:02am

Business & Finance

ECNEC approves uplift projects worth Rs154bn

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved various development ...

Published 08 Feb, 2024 05:02am

Money & Banking

Indian rupee ends stronger on banks’ dollar sales

MUMBAI: The Indian rupee gained on Wednesday, in line with most of its Asian peers, on the back of dollar sales from...

Published 08 Feb, 2024 05:02am

Money & Banking

Dollar slips as market awaits data

NEW YORK: The dollar slid further on Wednesday as it consolidates a bounce in recent days from surprisingly strong ...

Published 08 Feb, 2024 05:02am

Editorials

Ensuring internet access on Election day

EDITORIAL: It appears that the caretaker government may not have learnt much from the intense flak it received...

Published 08 Feb, 2024 05:02am

Editorials

Escalating violence

EDITORIAL: In two separate blasts yesterday in Pishin and Qila Saifullah, Balochistan, at least 28 people have lost...

Published 08 Feb, 2024 05:02am

Money & Banking

Faysal Bank doubles operating profit to Rs42.3bn for 2023

KARACHI: Faysal Bank Limited (FBL) a prominent Islamic bank in Pakistan has shown strong performance in the...

Published 08 Feb, 2024 05:02am

Business & Finance

CM announces establishment of BFCs in every division of Punjab

LAHORE: Announcing to establish Business Facilitation Centres in every division of Punjab, Chief Minister Punjab...

Published 08 Feb, 2024 05:02am

Business & Finance

Investors, startups: PTBA urges SECP to update guidelines, remove procedural snags

KARACHI: The Pakistan Tax Bar Association (PTBA) has requested the Securities and Exchange Commission of Pakistan...

Published 08 Feb, 2024 05:02am

Business & Finance

SNGPL and SSGCL: Ogra makes determinations regarding ‘RERR’

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has made significant determinations regarding the Review of...

Published 08 Feb, 2024 05:02am

USA

US Senate may pass aid for Ukraine, Israel but not border security

WASHINGTON: U.S. Senate lawmakers indicated on Wednesday they could approve aid for Ukraine and Israel, even as...

Published 08 Feb, 2024 01:05am

World

Drone strike on vehicle in Baghdad kills at least one

BAGHDAD: A drone attacked a vehicle in Iraq’s capital Baghdad on Wednesday night, killing at least one person,...

Published 08 Feb, 2024 12:57am

Pakistan

Islamic State group claims bombing in Pakistan’s Pishin district

BEIRUT: The Islamic State group claimed a deadly bombing on Wednesday in the Pishin district of Pakistan’s...

Published 08 Feb, 2024 12:32am

World

Troops ordered to ‘prepare to operate’ into Gaza’s Rafah: Netanyahu

JERUSALEM: Prime Minister Benjamin Netanyahu on Wednesday said he had ordered troops to “prepare to operate” in...

Published 08 Feb, 2024 12:41am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 7	277.91
USD PKR Interbank Buying / Aug 7	277.71
USD to Japanese Yen / Aug 7	157.76
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.16
SOFR % / Aug 7	3.65

Stock	Volume
S&P 500 / Aug 7	7,757.64
India Sensex / Aug 7	78,499.17
Tokyo Nikkei / Aug 7	65,606.71
Nasdaq / Aug 7	26,690.62
Hang Seng / Aug 7	25,668.03
FTSE 100 / Aug 7	10,901.09
Dow Jones / Aug 7	54,036.93
Germany DAX 30 / Aug 7	26,319.45
France CAC40 / Aug 7	8,714.93

Item	Value
Crude Oil USD/Barrel / Aug 7	78.18
Karachi Cotton PKR/37.32 KG / Aug 7	18,580
Gold 10 Grams PKR / Aug 7	389,519
Gold Spot USD/Ounce / Aug 7	4,341.56
Cotton US¢/pound / Aug 7	84.40
Petrol/Litre / Aug 9	327.62
Diesel/Litre / Aug 9	380.86

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	6.80 ▲ 0.59 (9.5%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.48 ▲ 1.98 (9.21%)

Stock	Price
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	159.49 ▼ -16.5 (-9.38%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.57 ▼ -1.68 (-8.3%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.43 ▼ -3.56 (-7.74%)
Shams Textile / Aug 7 Shams Textile Mills Limited(STML)	52.52 ▼ -4.29 (-7.55%)
Dar-es-Salaam / Aug 7 Dar-es-Salaam Textile Mills Limited(DSML)	22.17 ▼ -1.69 (-7.08%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	52.77 ▼ -3.97 (-7%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.35 ▼ -1.25 (-6.72%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	341.05 ▼ -21.04 (-5.81%)
AKD Hospitality / Aug 7 AKD Hospitality Limited(AKDHL)	150.79 ▼ -9.21 (-5.76%)
Dadabhoy Cement / Aug 7 Dadabhoy Cement Industries Limited(DBCI)	14.47 ▼ -0.88 (-5.73%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	161,177,862 ▲ 0.69
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	52,334,090 ▲ 0.46
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,216,535 ▲ 0.59
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,061,794 ▲ 0.32
Nishat Chun.Pow. / Aug 7 Nishat Chunian Power Limited(NCPL)	18,254,792 ▲ 0.7
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,207,765 ▼ -0.2
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,156,912 ▼ -0.39
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,781,842 ▲ 0.35
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,582,914 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,492,335 ▼ -1.02