News Archives for Latest - 2024-03-12

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Archive - 2024-03-12

Europe

EU's Borrell says hunger being used as 'war arm' in Gaza

UNITED NATIONS: EU foreign affairs chief Josep Borrell criticized the lack of aid entering Gaza as a "manmade"...

Published 12 Mar, 2024 11:34pm

Pakistan

Amid economic challenges, President Zardari decides not to draw his salary

Takes decision to encourage prudent financial management in the country

Updated 12 Mar, 2024 10:38pm

Markets

Brokerage house sees ‘strong possibility’ of policy rate cut of 100bps in upcoming MPC

A brokerage house sees “strong possibility” that the State Bank of Pakistan (SBP) may cut the key policy rate by 100...

Updated 12 Mar, 2024 10:38pm

World

Special counsel grilled over report that questioned Biden's memory

WASHINGTON: The special counsel who investigated Joe Biden's handling of classified documents defended his...

Published 12 Mar, 2024 10:37pm

Markets

Car sales in Pakistan surge 57% YoY in February

However, during first eight months of fiscal year 2024, total car sales stood at 59,699 units, a 41% decline compared to the same period last year when sales stood at 101,426 units

Updated 12 Mar, 2024 10:35pm

Stocks

KSE-100 loses nearly 1,000 points amid ‘technical correction’

Benchmark index settles below 65,000 level

Updated 12 Mar, 2024 10:34pm

Middle East

Qatar says Israel, Hamas ‘not near a deal’ on Gaza truce

Israel's aggression has so far killed 31,112 Palestinians, mostly women and children

Updated 12 Mar, 2024 10:29pm

Middle East

Gazans break fast without 'joy of Ramazan' as Israel aggression continues

GAZA STRIP: The first day of Ramazan came and went in Gaza, with residents marking a joyless iftar against a...

Updated 12 Mar, 2024 10:29pm

South Asia

Unemployed Afghans risk death and debt in hunt for gold

YAFTAL SUFLA: Tearing off a piece of mouldy flatbread, Homayon gulped tea in a brief reprieve from the din of the...

Updated 12 Mar, 2024 10:27pm

Business & Economy

PM Shehbaz urges efforts to boost Pakistan-Turkiye bilateral trade

Says both countries need to work together to achieve annual trade target of $5 billion

Published 12 Mar, 2024 10:19pm

Energy

Oil prices rise slightly as OPEC retains demand forecasts

NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC’s demand...

Updated 12 Mar, 2024 09:56pm

Sports

Rafael Nadal expected back on the clay at Monte Carlo

PARIS: Rafael Nadal is set to make his return to the ATP Tour on the clay courts of Monte Carlo next month,...

Published 12 Mar, 2024 09:53pm

Pakistan

PM Shehbaz directs preparing roadmap for increasing IT exports

Premier says youth will be provided with education and skills in the IT sector and facilities required for start-ups

Updated 12 Mar, 2024 09:23pm

Europe

US preparing new weapons package for Ukraine, officials say

WASHINGTON: The United States is preparing a new military aid package for Ukraine that could be worth as much as...

Published 12 Mar, 2024 09:10pm

South Asia

India, UK leaders reaffirm commitment to trade deal, India’s Modi says

NEW DELHI: Indian Prime Minister Narendra Modi said he had a call with British Prime Minister Rishi Sunak, in which...

Published 12 Mar, 2024 09:03pm

Middle East

Israel army says about 4,500 Hezbollah targets hit in five months

OCCUPIED JERUSALEM: The Israeli army said Tuesday it hit about 4,500 Hezbollah targets in Lebanon and Syria over the...

Published 12 Mar, 2024 08:21pm

Pakistan

PML-N's Ishaq Dar formally assumes charge as foreign minister

Becomes Pakistan's 39th FM

Updated 12 Mar, 2024 08:02pm

Stocks

US stocks mixed after surprise rise in consumer inflation

NEW YORK: Wall Street stocks opened mixed Tuesday after fresh data from the Labor Department showed inflation came...

Published 12 Mar, 2024 07:35pm

South Asia

Bangladesh releases Jamaat-e-Islami leader after 15 months

DHAKA: Bangladesh has freed the head of Jamaat-e-Islami party, officials said Tuesday, 15 months since...

Updated 12 Mar, 2024 07:12pm

Movies & Music

Pakistan’s Oscar entry, Cannes Title ‘In Flames’ unveils new trailer

Film is set to release in North America on April 12

Updated 12 Mar, 2024 06:25pm

Renewable energy projects: Saudi ministry raises questions over ‘need for new pact’

ISLAMABAD: Saudi Arabia’s Ministry of Energy is said to have raised questions on the need for new agreement on...

Updated 12 Mar, 2024 06:10pm

Middle East

Houthi missiles fired at ship in Red Sea, US military says

CAIRO: Yemen’s Houthi group fired missiles at a Liberian-flagged container ship in the Red Sea but did not hit the...

Updated 12 Mar, 2024 06:07pm

Business & Economy

Here is PM Shehbaz’s cabinet: ministers and their portfolios

A 19-member federal cabinet of Prime Minister Shehbaz Sharif took oath at the Aiwan-e-Sadr on Monday. The federal...

Published 12 Mar, 2024 05:20pm

Sports

Liverpool an ‘annoying pain’ for others in the title race, says Klopp

Liverpool have to fight in every game in their bid for the Premier League title in a race between the top three,...

Published 12 Mar, 2024 05:32pm

Sports

Palmer sparkles to boost Pochettino and leave Guardiola with regrets

LONDON: Chelsea forward Cole Palmer has emerged as one of the Premier League’s brightest young stars to ease the...

Published 12 Mar, 2024 05:25pm

Sports

Sri Lanka coach cherishes Bangladesh rivalry

CHITTAGONG: Sri Lanka are fired up to fight against rivals Bangladesh in their strongest format when their one-day...

Published 12 Mar, 2024 05:12pm

Europe

Russia says army cargo plane with 15 on board crashes

MOSCOW: Russia said on Tuesday that a military cargo plane with 15 people on board had crashed while taking off from...

Published 12 Mar, 2024 05:01pm

Tight gas, undersea oil and gas reserves: PM speaks of criticality of investment

Prime Minister Shehbaz Sharif directs to provide all kinds of facilities to private sector and local and foreign investors in oil and gas discovery

Updated 12 Mar, 2024 04:52pm

Forex

Sterling edges lower after UK jobs figures, focus on US inflation data

Sterling edged lower on Tuesday after data showed that growth in British wages was slightly weaker than expected but...

Published 12 Mar, 2024 04:46pm

Commodities

Gold price per tola decreases Rs100 in Pakistan

Gold rates in Pakistan decreased marginally on Tuesday in line with decline in the international rate. The yellow...

Published 12 Mar, 2024 03:59pm

Movies & Music

Top moments from the Oscars

HOLLYWOOD, United States: From Ryan Gosling’s show-stopping ‘I’m Just Ken’ to calls for ceasefire, there were...

Published 12 Mar, 2024 03:35pm

Business & Finance

EU Finance Ministers back Georgieva for second term at IMF

BRUSSELS: European Union Finance Ministers supported on Tuesday International Monetary Fund Managing Director...

Published 12 Mar, 2024 02:31pm

Energy

Kuwait raises April crude prices for Asia

SINGAPORE: Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in April by 30 cents...

Published 12 Mar, 2024 02:29pm

Forex

Russian rouble eases again in quiet trade

MOSCOW: The Russian rouble weakened slightly against the dollar, euro and yuan on Tuesday and was seen trading in a...

Published 12 Mar, 2024 02:27pm

Stocks

FTSE 100 hits 3-week high as cool labour data fuels rate-cut bets

UK shares opened higher on Tuesday, as slowing domestic wage growth boosted hopes of the Bank of England beginning...

Published 12 Mar, 2024 02:26pm

Stocks

European shares rise on earnings support; US inflation data in focus

European shares opened trade on a higher note on Tuesday, with support from strong corporate earnings, while...

Published 12 Mar, 2024 02:25pm

Sports

India’s Rishabh Pant fit for cricket return after 2022 car crash: BCCI

NEW DELHI: Star wicketkeeper-batsman Rishabh Pant is fit to play in the Indian Premier League starting this month...

Published 12 Mar, 2024 01:55pm

Sports

Pochettino calls for Chelsea unity after Newcastle win

LONDON: Mauricio Pochettino called for the Chelsea fans to trust his players after a 3-2 win over Newcastle on...

Published 12 Mar, 2024 01:44pm

Sports

Daren Sammy keen to nail down specific roles for Windies bowlers ahead of home World Cup

West Indies have assembled a “dangerous” batting lineup and just need to assign specific roles for their bowlers to...

Published 12 Mar, 2024 01:42pm

South Asia

India rejects China’s objections to Modi’s visit to Himalayan border state

MUMBAI: India on Tuesday rejected Chinese objections to Prime Minister Narendra Modi’s weekend visit to Arunachal...

Published 12 Mar, 2024 01:37pm

Life & Style

Oscars ratings climb to almost 20mn as ‘Oppenheimer’ reigns

LOS ANGELES: Wins for ‘Oppenheimer,’ live musical performances from “Barbie” and an (almost) naked John Cena helped...

Updated 12 Mar, 2024 01:36pm

Sports

Aryna Sabalenka, Gauff advance at Indian Wells

INDIAN WELLS: Reigning Grand Slam champions Aryna Sabalenka and Coco Gauff reached the fourth round of the ATP-WTA...

Published 12 Mar, 2024 01:27pm

Sports

Griezmann back as Atletico face Inter challenge in crunch week

MADRID: Atletico Madrid host Champions League runners-up Inter Milan on Wednesday boosted by key player Antoine...

Published 12 Mar, 2024 01:19pm

Forex

South African rand steady ahead of US inflation data

JOHANNESBURG: South Africa’s rand was little changed early on Tuesday, as traders remained cautious ahead of US...

Published 12 Mar, 2024 01:15pm

Europe

First aid ship to Gaza leaves Cyprus port in pilot project

LARNACA: A ship taking almost 200 tons of food to Gaza left a port in Cyprus early on Tuesday in a pilot project to...

Published 12 Mar, 2024 01:06pm

Stocks

Most Gulf markets rise in early trade

Most stock markets in the Gulf were up in early trade on Tuesday, amid rising oil prices as geopolitical tensions in...

Published 12 Mar, 2024 12:58pm

Europe

Volodymyr Zelensky claims Russian advance in Ukraine ‘halted’

PARIS: Ukrainian President Volodymyr Zelensky said Monday the situation for his troops was improving having “halted”...

Published 12 Mar, 2024 12:51pm

Companies

Ford to pay $365mn in US tariff fraud case

NEW YORK: American auto giant Ford has agreed to pay $365 million to settle a civil suit linked to the alleged...

Published 12 Mar, 2024 12:34pm

Sports

Cristiano Ronaldo’s Al Nassr dumped out of Asian Champions League quarters

RIYADH: Cristiano Ronaldo scored in extra time but Al Nassr side were dumped out of the Asian Champions League...

Published 12 Mar, 2024 12:32pm

South Asia

Indian troops begin Maldives pullout after quit order

MALÉ: India has begun withdrawing military personnel operating surveillance aircraft in the Maldives after the new...

Published 12 Mar, 2024 12:29pm

BR Research

Loan defaults looming?

Finally, small, and mid-size firms in Pakistan are feeling the heat of high interest rates and slowing down economy,...

Updated 12 Mar, 2024 12:28pm

Europe

Two Russian fuel depots on fire after separate drone attacks

MOSCOW: Two Russian fuel depots were targeted in separate drone attacks Tuesday, regional governors said, as Ukraine...

Published 12 Mar, 2024 12:16pm

Technology

Xiaomi announces release date for first EV, shares surge

BEIJING: Chinese electronics giant Xiaomi will start deliveries of its first electric vehicle by the end of March,...

Published 12 Mar, 2024 12:13pm

USA

Joe Biden to reassure Polish leaders as Ukraine fears mount

WASHINGTON: US President Joe Biden hosts Poland’s President Andrzej Duda and Prime Minister Donald Tusk at the White...

Published 12 Mar, 2024 12:11pm

World

Haiti PM agrees to leave in regional push to end crisis

KINGSTON: Haiti’s prime minister agreed late Monday to step aside as armed gangs plunge his country into anarchy, as...

Published 12 Mar, 2024 11:32am

Commodities

Wheat falls as China cancels more US cargoes; corn under pressure

SINGAPORE: Chicago wheat futures slid on Tuesday, with the market facing pressure from leading importer China...

Published 12 Mar, 2024 11:03am

Stocks

Japan’s Nikkei stumbles as expectations grow for BOJ policy change

TOKYO: Japan’s Nikkei share average extended declines on Tuesday, as heightened expectations that the Bank of Japan...

Published 12 Mar, 2024 11:01am

Mutual Funds

Japan’s 10-year bond yield hits 3-month high amid BOJ policy shift bet

TOKYO: Japan’s 10-year government bond (JGB) yield hit a three-month high on Tuesday, as market players bet the Bank...

Published 12 Mar, 2024 10:57am

Energy

Sinopec starts natgas production at 2bcm per year at Sichuan gas field

BEIJING: China’s Sinopec has begun production at a natural gas field in southwestern China’s Sichuan province with...

Published 12 Mar, 2024 10:54am

Forex

Indian rupee’s upside momentum faces US inflation, RBI test

MUMBAI: The Indian rupee is expected to open largely unchanged on Tuesday, as eye US inflation data for cues on when...

Published 12 Mar, 2024 10:52am

Stocks

Asian stocks rise ahead of US CPI; yen perks up on BOJ chatter

SINGAPORE: Asian stocks nudged higher on Tuesday ahead of the influential US inflation report, while Japanese shares...

Published 12 Mar, 2024 10:50am

Sports

Novak Djokovic stunned by lucky loser Nardi at Indian Wells

INDIAN WELLS: World number one Novak Djokovic was stunned 6-4 3-6 6-3 by lucky loser Luca Nardi in the third round...

Published 12 Mar, 2024 10:46am

Commodities

Palm oil hovering around 8-month highs as stronger rivals offset lower exports

KUALA LUMPUR: Malaysian palm oil futures were little changed on Tuesday after closing at near 8-month highs in the...

Published 12 Mar, 2024 10:34am

Technology

Tesla, rivals get low marks for automated-driving technology

DETROIT: Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by...

Published 12 Mar, 2024 10:30am

Mutual Funds

Heavy debt sale, profit booking break India bond yields’ declining trend

MUMBAI: Indian government bond yields were marginally higher in the early session on Tuesday as states are set to...

Published 12 Mar, 2024 10:26am

Forex

Most Asian currencies slip ahead of US inflation data, shares rise

Most Asian currencies were subdued on Tuesday, with the Thai baht leading the laggards, as traders refrained from...

Published 12 Mar, 2024 10:23am

Stocks

Financials, IT lead rise in Indian shares; small-, mid-caps underperform

BENGALURU: Indian shares recovered from a muted start on Tuesday, led by financials and information technology...

Published 12 Mar, 2024 10:18am

Forex

China’s yuan rises to 1-1/2 month high on dovish Fed bets

SHANGHAI: The yuan rose to a 1-1/2-month high against a broadly weaker dollar on Tuesday, which was pulled down by...

Published 12 Mar, 2024 10:16am

World

FAA audit finds dozens of issues in Boeing 737 MAX production, NYT reports

The Federal Aviation Administration’s (FAA) audit of Boeing’s 737 MAX production process after a panel blew off on...

Published 12 Mar, 2024 10:14am

Bullion Rate

Gold retreats from near record-high levels ahead of US inflation data

Gold prices slipped from near record-high levels on Tuesday, as traders braced for key US inflation report that...

Published 12 Mar, 2024 10:12am

Stocks

Banks, gold stocks lift Australian shares; Alumina up on accepting $2.2bn bid

Australian shares rose on Tuesday, as the gains in banking and gold stocks countered the losses in energy firms, and...

Published 12 Mar, 2024 10:10am

Forex

Dollar on guard; BOJ speculation keeps yen supported

SINGAPORE: The dollar held broadly steady on Tuesday ahead of key US inflation data due later in the day, while the...

Published 12 Mar, 2024 10:08am

Stocks

China stocks slip, Hong Kong up ahead of US inflation data

SHANGHAI: China stocks slipped on Tuesday, with some investors booking profits and awaiting more policy clues from...

Published 12 Mar, 2024 10:04am

Bank timings for Ramazan

KARACHI: The State Bank of Pakistan (SBP) has announced office and business hours for month of Ramazan-ul-Mubarak,...

Updated 12 Mar, 2024 09:43am

Aurangzeb steps down as President & CEO HBL

KARACHI: HBL (Habib Bank Limited), the leading financial institution of Pakistan, announces the resignation of its...

Updated 12 Mar, 2024 09:42am

Cabinet takes stock of situation

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that a committee should be established immediately to control...

Updated 12 Mar, 2024 09:42am

BR Research

Remittance surge in Feb

Inflow of remittances witnessed a surge in February 2024 by 13 percent year-on-year – shows the latest data released...

Published 12 Mar, 2024 09:11am

India’s SC orders SBI bank to share political donors’ names

NEW DELHI: India’s Supreme Court on Monday rejected a plea by government-run State Bank of India for more time to...

Updated 12 Mar, 2024 09:01am

India moves to implement citizenship law opposed by Muslims

NEW DELHI: India announced rules on Monday to implement a 2019 citizenship law that critics call anti-Muslim, weeks...

Updated 12 Mar, 2024 09:00am

Ex-senior UK Tory defects to fringe right-wing party

LONDON: Embattled UK leader Rishi Sunak suffered a fresh blow Monday when a former ally defected to a right-wing...

Updated 12 Mar, 2024 09:00am

BR Research

Ghani Global Glass Limited

Ghani Global Glass Limited (PSX: GGGL) was incorporated in Pakistan as a private limited company in 2007. Initially...

Published 12 Mar, 2024 08:58am

Aurangzeb new Finance Minister

ISLAMABAD: Prime Minister Shehbaz Sharif has allocated the portfolios to the federal ministers in terms of Rules of...

Updated 12 Mar, 2024 08:58am

Ramazan begins today

PESHAWAR: Pakistan’s Ruet-e-Hilal Committee announced on Monday evening that the Ramadan moon has been sighted and...

Updated 12 Mar, 2024 08:57am

PM for transforming Pak-Saudi ties into strategic, economic partnership

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday said that his government’s priority was to transform the...

Updated 12 Mar, 2024 08:57am

BR’s refresher: your morning briefing for the day

Important updates from March 11, 2024

Published 12 Mar, 2024 08:31am

Pakistan

Civil Awards nominations: Cabinet Division revises policy and guidelines

ISLAMABAD: The Cabinet Division has revised policy and guidelines for Civil Awards-2024 for making nominations for...

Updated 12 Mar, 2024 05:50am

Pakistan

Tajikistan President calls Zardari, extends felicitations

ISLAMABAD: President of Tajikistan EmomaliRahmon, made a telephone call to President Asif Ali Zardari and extended...

Updated 12 Mar, 2024 05:44am

Opinion

A tangled web indeed

As could be anticipated, the Pakistan Tehreek-i-Insaaf’s (PTI’s) protests on March 10, 2024 against alleged...

Updated 12 Mar, 2024 05:09am

Opinion

Dip in the rate of inflation

There has been a visible and welcome slowdown in the rate of inflation in February 2024. The year-to-year rate of...

Updated 12 Mar, 2024 05:05am

Opinion

Navigating IMF’s flawed mindset: lessons from 2008 financial crisis

The International Monetary Fund (IMF) has long been regarded as a key player in the global financial landscape,...

Published 12 Mar, 2024 04:28am

Editorials

Tackling unfair marketing practices

EDITORIAL: Today’s digital age is defined by the rising impact that social media platforms have had on all spheres...

Published 12 Mar, 2024 04:27am

World

NATO prepares for Russian threat in harsh Arctic

BADDEREN (Norway): Finnish conscript Atte Ohman readied himself aboard a US landing ship to storm a snow-swept...

Published 12 Mar, 2024 04:28am

World

Princess of Wales apologises over edited photograph

LONDON: Catherine, Princess of Wales, on Monday apologised and admitted to editing an official portrait of her...

Published 12 Mar, 2024 04:28am

World

French state services hit by ‘intense’ cyberattack: PM’s office

PARIS: Several French state bodies have been hit with cyberattacks of “unprecedented intensity”, Prime Minister...

Published 12 Mar, 2024 04:28am

World

Pacific leaders welcome signing of US security deal

MAJURO, (Marshall Islands): Pacific leaders have hailed the signing of a new economic and security deal with the...

Published 12 Mar, 2024 04:28am

World

Biden unveils $7.3 trillion budget as campaign pitch for spending, tax goals

WASHINGTON: President Joe Biden sketched his policy vision for the United States on Monday, unveiling a $7.3 ...

Published 12 Mar, 2024 04:28am

World

China, Russia, Iran holding joint naval drills

BEIJING: The navies of China, Russia and Iran are staging joint drills in the Gulf of Oman this week, Beijing said...

Published 12 Mar, 2024 04:28am

World

China passes law granting Communist Party more control over cabinet

BEIJING: China’s parliament on Monday revised a law to effectively grant the Communist Party more executive ...

Published 12 Mar, 2024 04:28am

World

Europe must do more against ‘catastrophic’ climate risks: EU

COPENHAGEN: Europe could suffer “catastrophic” consequences from climate change if it fails to take urgent and...

Published 12 Mar, 2024 04:28am

World

UN urges ‘silencing the guns’ in Gaza for Ramazan

UNITED NATIONS: UN Secretary-General Antonio Guterres called Monday for “silencing the guns” in Gaza in honour ...

Published 12 Mar, 2024 04:28am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 11, 2024)....

Published 12 Mar, 2024 04:28am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (March 11, 2024). ========================== KIBOR...

Published 12 Mar, 2024 04:28am

Rates

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 12 Mar, 2024 04:28am

Pakistan

Cost of smoking that women have to pay remains unreported: experts

ISLAMABAD: In the midst of the celebrations marking achievements and progress on the Women’s Day, the cost of...

Published 12 Mar, 2024 04:28am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR37.781 ...

Published 12 Mar, 2024 04:28am

Commodities

Chicago soybeans retreat from three-week high

SINGAPORE: Chicago soybeans eased after climbing to their highest levels in almost three weeks on Monday, as...

Published 12 Mar, 2024 04:28am

Stocks

Japanese shares fall over 2pc as chip shares slump

TOKYO: Japanese shares ended sharply lower on Monday as chip-related stocks tracked their US peers lower and the...

Published 12 Mar, 2024 04:28am

Stocks

China stocks rise as inflation rebounds

SHANGHAI: China stocks gained on Monday after an upswing in consumer prices raised hopes of an economic recovery,...

Published 12 Mar, 2024 04:28am

Stocks

Tech selloff drags down European shares

PARIS: European shares were hurt by a steep selloff in the technology sector on Monday, while investors turned wary...

Published 12 Mar, 2024 04:28am

Stocks

Wall St eases as investors await inflation data

NEW YORK: Wall Street’s main stock indexes slipped on Monday, as investors awaited key inflation data this week...

Published 12 Mar, 2024 04:28am

Pakistan

Austrian team meets Secretary Punjab Assembly

LAHORE: On Monday, Secretary of the Punjab Assembly, Chaudhry Amir Habib, convened with a delegation from Austria ...

Published 12 Mar, 2024 04:28am

Pakistan

Ministry to submit ‘NPF’ to NEC for approval

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives will submit the National Planning Framework...

Published 12 Mar, 2024 04:28am

Pakistan

Online matrimonial sites: HIAs trapping govt/armed forces individuals

ISLAMABAD: The government has warned that Hostile Intelligence Agencies (HIAs) are using online matrimonial apps and...

Published 12 Mar, 2024 04:28am

Pakistan

Navy recovers bodies of 10 missing fishermen

KARACHI: Pakistan Navy (PN) in coordination with Pakistan Maritime Security Agency (PMSA) recovered 10 dead bodies...

Published 12 Mar, 2024 04:28am

Pakistan

Shehbaz-led govt won’t be able to ensure judicious use of IMF funds: PTI

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) secretary general Omar Ayub on Monday reiterated his party’s stance that...

Published 12 Mar, 2024 04:28am

Pakistan

Senate polls schedule to be issued on Thursday

ISLAMABAD: With 52 senators having retired following the completion of their term, the electoral organisation,...

Published 12 Mar, 2024 04:28am

Pakistan

President administers oath to 19-member cabinet

ISLAMABAD: President Asif Ali Zardari on Monday administered oath of office to a 19-member Federal Cabinet at a...

Published 12 Mar, 2024 04:28am

Pakistan

President presented guard of honour

ISLAMABAD: President Asif Ali Zardari was presented a guard of honour at the Aiwan-e-Sadr in Islamabad on Monday as...

Published 12 Mar, 2024 04:28am

Pakistan

Naeem Akhtar takes oath as SC judge

ISLAMABAD: Chief Justice of Pakistan Qazi Faez Isa, on Monday, administered the oath of office to Justice Naeem...

Published 12 Mar, 2024 04:28am

Pakistan

CJP says not interested in issuing contempt of court notice to journalists

ISLAMABAD: Chief Justice Qazi Faez Isa has observed if the institution’s credibility is tarnished, it then affects...

Published 12 Mar, 2024 04:28am

Pakistan

Aseefa Bhutto likely to become First Lady

ISLAMABAD: President Asif Zardari is likely to announce the formal recognition of his daughter, Aseefa...

Published 12 Mar, 2024 04:28am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (March 11, 2024). ==================================== BR...

Published 12 Mar, 2024 04:28am

Pakistan

The Weather

KARACHI: The weather report on Monday (March 11, 2024) and the forecast for Tuesday (March 12, 2024)...

Published 12 Mar, 2024 04:28am

Pakistan

Dar is new foreign minister

ISLAMABAD: Ishaq Dar, the former finance minister and Nawaz Sharif’s close confidant, is the new foreign minister...

Published 12 Mar, 2024 04:28am

Stocks

PSX announces DTS for Ramazan

KARACHI: The Pakistan Stock Exchange on Monday announced the designated time schedule (DTS) during the Holy month of...

Published 12 Mar, 2024 04:28am

Pakistan

Court adjourns hearing

ISLAMABAD: A local court, on Monday, adjourned the hearing of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and...

Published 12 Mar, 2024 04:28am

Pakistan

ICCI launches ‘Asaan Sehat Card’

ISLAMABAD: Member National Assembly (MNA) Dr Tariq Fazal Chaudhry has said that the present government was facing a...

Published 12 Mar, 2024 04:28am

Pakistan

Seminar on fasting: Diabetes patients advised to avoid deep-fried food items

LAHORE: Fasting in the holy month of Ramazan has many health benefits including reduction in obesity, potential...

Published 12 Mar, 2024 04:28am

Pakistan

Fesco completes operational preparations for Ramazan

FAISALABAD: The Faisalabad Electric Supply Company (Fesco) administration has completed operational preparations...

Published 12 Mar, 2024 04:28am

Pakistan

Over 1m delivered ‘Ramazan Nigheban Package’ across Punjab

LAHORE: Out of a total 6.47 million beneficiaries of the Chief Minister’s Ramadan Nigheban package, over one...

Published 12 Mar, 2024 04:28am

Pakistan

People being offered discount at model Ramazan markets

LAHORE: Commissioner Lahore Muhammad Ali Randhawa has said that on the instructions of Punjab government, a discount...

Published 12 Mar, 2024 04:28am

Pakistan

CM Punjab accords approval to two major transport projects

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has accorded in-principle approval for the implementation of two...

Published 12 Mar, 2024 04:28am

Pakistan

Court issues show-cause notice to jail authorities for not producing Elahi

LAHORE: A special court for anti-corruption on Monday issued a show cause notice to the superintendent Adiala jail,...

Published 12 Mar, 2024 04:28am

Pakistan

Heavy rains lash various parts of Balochistan

QUETTA: Heavy rains continued in Quetta, Gwadar, Chaman, and other parts of Balochistan during the last 24 hours,...

Published 12 Mar, 2024 04:28am

Pakistan

Suthra Punjab Campaign: All machinery mobilised

FAISALABAD: Deputy Commissioner Abdullah Nayar Sheikh has said that for the success of the “Suthra Punjab...

Published 12 Mar, 2024 04:28am

Pakistan

PM to visit FO today

ISLAMABAD: Prime Minister Shehbaz Sharif will visit the Foreign Office today (Tuesday) to give his policy guidelines...

Published 12 Mar, 2024 04:28am

Pakistan

Reduced number of 48 Senate seats: Schedule for Senate polls to be issued on Thursday

ISLAMABAD: With 52 senators having retired following the completion of their term, the electoral organisation,...

Published 12 Mar, 2024 04:28am

Pakistan

SSRL working on plans to empower Thari women: Li

KARACHI: The Sino Sindh Resources Private Limited (SSRL) is working on plans to empower women in the impoverished...

Published 12 Mar, 2024 04:28am

Pakistan

People feed predatory birds despite crackdown on practice

LAHORE: Shabnam, a young woman in the eastern Pakistani city of Lahore, sells small packets of scrap meat to...

Published 12 Mar, 2024 04:28am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (March 11, 2024). ======================================= Offset...

Published 12 Mar, 2024 04:28am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 11, 2024)...

Published 12 Mar, 2024 04:28am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (March 11, 2024)....

Published 12 Mar, 2024 04:28am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (March 11, 2024). ======================== Open Bid Rs...

Published 12 Mar, 2024 04:28am

Forex

Open market rates of foreign currencies

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

Published 12 Mar, 2024 04:28am

Energy

US natural gas prices slide

NEW YORK: US natural gas futures slid about 2% to a fresh one-week low on forecasts for milder weather and lower...

Published 12 Mar, 2024 04:28am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 297,631 tonnes of cargo comprising 198,209 tonnes of import cargo and 99,422...

Published 12 Mar, 2024 04:28am

Letters

Education in rural areas of Balochistan

The educational setting of Balochistan’s rural areas is characterized by scarcity; a lack of schools, poor...

Published 12 Mar, 2024 04:28am

Stocks

MWL’s ‘MIIETF’ listed on PSX

KARACHI: Pakistan Stock Exchange has listed the Mahaana Islamic Index Exchange Traded Fund (MIIETF) managed by...

Published 12 Mar, 2024 04:28am

Pakistan

PTI body condemns arrest of leaders, workers

ISLAMABAD: The core committee of Pakistan Tehreek-e-Insaf (PTI) on Monday strongly condemned the arrests of party...

Published 12 Mar, 2024 04:28am

Pakistan

Meeting of Advanced Studies & Research Board convened at LUMHS

HYDERABAD: The 64th Meeting of Advanced Studies & Research Board was convened at Liaquat University of Medical...

Published 12 Mar, 2024 04:28am

Pakistan

Imran, Bushra and Qureshi: FIA raises questions over maintainability of pleas

ISLAMABAD: The Federal Investigation Agency (FIA) raised questions over the maintainability of the appeals of former...

Published 12 Mar, 2024 04:28am

Pakistan

Balochistan CM directs PDMA to remain alert in rain situation

QUETTA: Balochistan Chief Minister Mir Sarfraz Bugti on Monday directed the Provincial Disaster Management Authority...

Published 12 Mar, 2024 04:28am

Pakistan

‘Iddat’ case: Court seeks arguments on pleas of IK, Bushra

ISLAMABAD: A local court, on Monday, summoned arguments on Pakistan Tehreek-i-Insaf (PTI) founder Imran Khan and his...

Published 12 Mar, 2024 04:28am

Commodities

Gold takes breather as traders brace for inflation data

BENGALURU: Gold traded flat on Monday, hitting pause after a record rally last week, as traders hunkered down for US...

Published 12 Mar, 2024 04:28am

Commodities

Japanese rubber futures climb

SINGAPORE: Japanese rubber futures jumped to their highest in seven years on Monday, with prices rising 2% as ...

Published 12 Mar, 2024 04:28am

Cotton & Textile

Official spot rate unchanged on cotton market

LAHORE: The local cotton market on Monday remained sluggish and the trading volume remained low. Cotton Analyst...

Published 12 Mar, 2024 04:28am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (March 11, 2024)...

Published 12 Mar, 2024 04:28am

Commodities

Copper steady ahead of Chinese loan data

LONDON: Copper prices steadied on Monday as the market awaited Chinese loan data for indications of demand from the...

Published 12 Mar, 2024 04:28am

Commodities

Malaysian palm oil up

KUALA LUMPUR: Malaysian palm oil futures rose on Monday as inventories in the world’s second-biggest producer...

Published 12 Mar, 2024 04:28am

Commodities

Iron ore tumbles on persistently weak fundamentals in China

BEIJING: Iron ore futures prices extended their decline into a second straight session on Monday, to the lowest in...

Published 12 Mar, 2024 04:28am

Energy

Oil prices mixed as ME supply concerns ease

NEW YORK: Oil prices were little changed on Monday as concern eased that fighting in the Middle East would disrupt...

Published 12 Mar, 2024 04:28am

Energy

LPG market price exceeds Ogra’s notified rate of Rs257.59/kg

ISLAMABAD: Liquefied petroleum gas (LPG) market rate has surged by over Rs50 per kilogramme above the Oil and Gas...

Published 12 Mar, 2024 04:28am

Commodities

Gold, silver prices remain stagnant

KARACHI: Gold and silver prices on Monday remained stagnant on the local market, traders said. Gold was traded for...

Published 12 Mar, 2024 04:28am

Money & Banking

Most Asian currencies muted; US CPI in focus

BENGALURU: Most Asian currencies and stocks started the week muted with investors looking for clues on the outlook...

Published 12 Mar, 2024 04:27am

Money & Banking

China’s yuan steady

SHANGHAI: China’s yuan held steady against the US dollar on Monday after stronger-than-expected Chinese inflation...

Published 12 Mar, 2024 04:27am

Money & Banking

Yen firms after revisions to Japan GDP

NEW YORK: The yen edged up for a fourth straight session against the US dollar in choppy trading on Monday, ...

Published 12 Mar, 2024 04:27am

Money & Banking

Bitcoin zooms to record beyond $72,000

LONDON: Bitcoin raced to an all-time peak above $72,000 Monday as the world’s most popular cryptocurrency won...

Published 12 Mar, 2024 04:27am

Companies

Deceptive marketing practices: Tribunal upholds CCP’s order against multinational company

ISLAMABAD: The Competition Appellate Tribunal has upheld an order passed by the Competition Commission of Pakistan...

Published 12 Mar, 2024 04:27am

Companies

Mobilink Bank partners with BizB

ISLAMABAD: Mobilink Bank partnered with BizB, a leading marketplace in Pakistan, welcoming the company as a ‘Brand...

Published 12 Mar, 2024 04:27am

Industry

Renewal process of LCCI membership well on the way

LAHORE: The renewal process of Lahore Chamber of Commerce and Industry membership is well on the way and a large...

Published 12 Mar, 2024 04:27am

Taxes

Tribunal reduces penalty disproportionate to gravity of sales tax default?

LAHORE: An Inland Revenue appellate tribunal has reduced penalty against defaulter of sales tax owing to...

Published 12 Mar, 2024 04:27am

Industry

Imtiaz appointed Pakistan-USA Business Council chairman

KARACHI: Atif Ikram Sheikh President Fed-eration of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed...

Published 12 Mar, 2024 04:27am

Industry

Business leaders for probe into growing misuse of law regarding cheque bounce

KARACHI: Business community has demanded a thorough investigation into the misuse of the cheque bounce law. The...

Published 12 Mar, 2024 04:27am

Industry

Business community leader optimistic about composition of Cabinet

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 12 Mar, 2024 04:27am

Editorials

The fight for gender equality

EDITORIAL: March 8, the International Women’s Day is observed all over the world to celebrate women’s struggle...

Published 12 Mar, 2024 04:27am

Editorials

Reporters in Gaza’s killing fields

The New York-based Committee to Protect Journalists (CPJ) in its annual report released a few weeks ago provided to...

Published 12 Mar, 2024 04:27am

Sports

PSL 2024 day 23: Jamal holds nerves to seal last-ball thriller for Peshawar Zalmi

Aamir Jamal defended four off the final ball as Peshawar Zalmi eked out a two-run win against Karachi Kings at...

Published 12 Mar, 2024 02:04am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 5	277.95
USD PKR Interbank Buying / Aug 5	277.75
USD to Japanese Yen / Aug 5	157.77
USD to Swiss Franc / Aug 5	0.81
Pound Sterling to USD / Aug 5	1.35
Euro to USD / Aug 5	1.15
SOFR % / Aug 5	3.66

Stock	Volume
S&P 500 / Aug 4	7,736.52
Nasdaq / Aug 4	26,584.99
Dow Jones / Aug 4	54,085.88
India Sensex / Aug 5	78,847.15
Tokyo Nikkei / Aug 5	66,300.44
Hang Seng / Aug 5	25,915.82
FTSE 100 / Aug 5	10,894.49
Germany DAX 30 / Aug 5	26,227.46
France CAC40 / Aug 5	8,671.09

Item	Value
Crude Oil USD/Barrel / Aug 5	76.02
Karachi Cotton PKR/37.32 KG / Aug 5	18,780
Gold 10 Grams PKR / Aug 5	375,459
Gold Spot USD/Ounce / Aug 5	4,221.30
Cotton US¢/pound / Aug 5	82.62
Petrol/Litre / Aug 6	333.01
Diesel/Litre / Aug 6	383.86

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 5 786 Investments Limited(786)	28.57 ▲ 2.6 (10.01%)
First Tri-Star Mod. / Aug 5 First Tri-Star Modaraba(FTSM)	38.34 ▲ 3.49 (10.01%)
Shams Textile / Aug 5 Shams Textile Mills Limited(STML)	55.74 ▲ 5.07 (10.01%)
East West Ins. / Aug 5 East West Insurance Company Limited(EWIC)	60.52 ▲ 5.5 (10%)
Gadoon Textile / Aug 5 Gadoon Textile Mills Limited(GADT)	340 ▲ 30.91 (10%)
J.A.Textile / Aug 5 J.A. Textile Mills Limited(JATM)	51.58 ▲ 4.69 (10%)
Suhail Jute / Aug 5 Suhail Jute Mills Limited(SUHJ)	261.12 ▲ 23.74 (10%)
Tri-Star Power / Aug 5 Tri-Star Power Limited(TSPL)	18.50 ▲ 1.68 (9.99%)
Asim Textile / Aug 5 Asim Textile Mills Limited(ASTM)	51.08 ▲ 4.64 (9.99%)
Redco Textile / Aug 5 Redco Textiles Limited(REDCO)	33.37 ▲ 3.03 (9.99%)

Stock	Price
Mehmood Tex / Aug 5 Mehmood Textile Mills Limited(MEHT)	152.98 ▼ -17 (-10%)
Olympia Mills / Aug 5 Olympia Mills Limited(OML)	108.29 ▼ -12.03 (-10%)
Trust Mod. / Aug 5 Trust Modaraba(TRSM)	21.56 ▼ -2.39 (-9.98%)
Aisha Steel(ConPS) / Aug 5 Aisha Steel(ConPS)(ASLPS)	28.43 ▼ -3.12 (-9.89%)
Tariq Corporation / Aug 5 Tariq Corporation Limited(TCORP)	19.31 ▼ -1.99 (-9.34%)
Nets Internat.Comm. / Aug 5 Nets International Communication Limited(GEMNETS)	21.56 ▼ -1.94 (-8.26%)
Masood Textile / Aug 5 Masood Textile Mills Limited(MSOT)	142.20 ▼ -11.47 (-7.46%)
ARM Green Industries / Aug 5 ARM Green Industries Limited(ARMG)	61.15 ▼ -4.85 (-7.35%)
Grays Leasing / Aug 5 Grays Leasing Limited(GRYL)	21.66 ▼ -1.67 (-7.16%)
Shahtaj Sugar / Aug 5 Shahtaj Sugar Mills Limited(SHJS)	177.41 ▼ -12.45 (-6.56%)

Stock	Volume
Trust Sec.& Brok. / Aug 5 Trust Securities & Brokerage Limited(TSBL)	52,879,995 ▼ -0.13
WorldCall Telecom / Aug 5 Worldcall Telecom Limited(WTL)	42,520,544 ▲ 0.03
Cnergyico PK / Aug 5 Cnergyico PK Limited(CNERGY)	40,200,390 ▲ 0.05
B.O.Punjab / Aug 5 The Bank of Punjab(BOP)	40,114,047 ▲ 1.05
Unity Foods Ltd / Aug 5 Unity Foods Limited(UNITY)	26,759,807 ▲ 1.01
TPL Properties / Aug 5 TPL Properties Limited(TPLP)	25,273,545 ▼ -0.16
Samba Bank / Aug 5 Samba Bank Limited(SBL)	23,483,908 ▲ 1.07
Pak Refinery / Aug 5 Pakistan Refinery Limited(PRL)	22,036,197 ▲ 0.95
Dadabhoy Cement / Aug 5 Dadabhoy Cement Industries Limited(DBCI)	21,526,182 ▼ -0.51
Pak Int.Bulk / Aug 5 Pakistan International Bulk Terminal(PIBTL)	20,001,936 ▲ 0.04