Testing Banner The premier also said that the government would do away with the “elite capture” and all the legal instruments... Updated 28 Mar, 2024 04:26pm
Middle East Egypt hosts Arab talks with Blinken on steps to end Gaza war Israel has waged relentless aggression that has killed nearly 32,000 Palestinians, mostly women and children, according to health ministry in Gaza Updated 21 Mar, 2024 11:51pm
South Asia Three killed, 12 injured in Afghanistan suicide bombing: police KABUL: A suicide bombing in front of a bank in Afghanistan’s Kandahar city killed at least three people and injured... Published 21 Mar, 2024 11:24pm
World Israel says spy chief going to Doha for Gaza talks JERUSALEM: The head of Israel’s spy agency is to return to Doha Friday to meet with his American and Egyptian... Published 21 Mar, 2024 11:12pm
Sports Javeria Khan retires from international cricket Former Pakistan captain Javeria Khan on Thursday announced her retirement from international cricket 15 years after... Updated 21 Mar, 2024 10:53pm
Forex SBP-held foreign exchange reserves increase $105mn, now stand at $8.02bn Total liquid foreign reserves held by the country reach $13.4 billion Updated 21 Mar, 2024 10:19pm
USA US diplomat Donald Lu urges Pakistan to probe election, possibly re-run some votes WASHINGTON: A US diplomat urged Pakistan on Wednesday to investigate reported irregularities with last month’s... Updated 21 Mar, 2024 10:00pm
Pakistan Govt to take tough economic measures to steer country out of crisis: PM Shehbaz Prime Minister Shehbaz Sharif said on Thursday the government was going to take tough economic decisions to steer... Updated 21 Mar, 2024 09:58pm
Markets Gul Ahmed says will install a 17.1MW rooftop solar plant Gul Ahmed Textile Mills Limited (GATM), one of the country’s largest textile mills, announced that it will install a... Updated 21 Mar, 2024 09:56pm
South Asia Delhi chief minister Kejriwal arrested in liquor graft case NEW DELHI: India’s financial crime agency arrested Arvind Kejriwal, the chief minister of Delhi on Thursday, in... Published 21 Mar, 2024 09:35pm
Bullion Rate Gold price per tola jumps substantial Rs4,600 in Pakistan Gold rates in Pakistan increased further on Thursday in line with a rise in the international rate. The yellow metal... Updated 21 Mar, 2024 09:30pm
Pakistan We do not want armed conflict with Afghanistan: defence minister Defence Minister Khawaja Asif has said that Pakistan does not want an armed conflict with Afghanistan, adding that... Updated 21 Mar, 2024 09:29pm
Pakistan Concerns raised during US Congressional hearing reflect misunderstanding of domestic situation: FO Islamabad hopes to engage with Washington to address 'misunderstandings' related to Pakistan's election laws Updated 21 Mar, 2024 09:07pm
Energy Authorities initiate countrywide crackdown against electricity, gas theft Pakistan authorities have directed the Federal Investigation Agency (FIA) to initiate a crackdown against... Updated 21 Mar, 2024 09:07pm
Companies CCP greenlights merger of TPL Life Insurance with Dar Es Salaam Textile Mills The Competition Commission of Pakistan (CCP) has approved merger of TPL Life Insurance Limited with Dar Es Salaam... Published 21 Mar, 2024 08:35pm
Movies & Music Global music biz sees 10.2% growth in 2023 PARIS: Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday,... Published 21 Mar, 2024 08:20pm
Europe Facing Putin threat, EU pushes to arm Ukraine – and itself BRUSSELS: EU leaders grappled at a summit meeting Thursday with how to get more weapons to Ukraine’s outgunned... Published 21 Mar, 2024 08:16pm
Cricket Sri Lanka defend Hasaranga’s Test selection despite ban SYLHET: Sri Lanka on Thursday defended the inclusion of all-rounder Wanindu Hasaranga in the Test squad for the... Published 21 Mar, 2024 07:57pm
Europe EU leaders will call for sustainable ceasefire in Gaza, Borrell says BRUSSELS: EU leaders will call for a sustainable ceasefire in Gaza at their summit in Brussels on Thursday, the EU’s... Published 21 Mar, 2024 07:49pm
Stocks Wall St at record highs as rate-cut hopes flourish, chipmakers rally Wall Street’s main stock indexes climbed to record highs on Thursday as chip stocks rallied following Micron... Published 21 Mar, 2024 07:40pm
Stocks Gulf bourses rise on Fed’s rate cut stance; Dubai slips Most stock markets in the Gulf closed higher on Thursday, led by the Saudi index, joining a global rally as... Published 21 Mar, 2024 07:37pm
Stocks Industrials, consumer staples drag Sri Lanka shares; February inflation drops CSE All-Share index settled 0.57% lower at 11,176.54 Published 21 Mar, 2024 07:33pm
Forex Rupee remains largely unchanged against US dollar Currency settles at 278.4 against the US dollar in inter-bank market Updated 21 Mar, 2024 07:28pm
Energy Oil broadly steady after surprise US crude stock drop LONDON: Oil prices were broadly steady on Thursday, shored up by a surprise U.S. crude stock drop and the U.S.... Updated 21 Mar, 2024 07:25pm
South Asia IMF pushes Sri Lanka to clinch debt deal with China COLOMBO: Sri Lanka must speed up debt restructuring with key bilateral lender China and other creditors to sustain a... Published 21 Mar, 2024 06:34pm
Money & Banking Turkiye’s central bank hikes interest rate to 50% ISTANBUL: Turkiye’s central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of... Published 21 Mar, 2024 06:31pm
Cricket Bangladesh have ‘high expectations’ for Sri Lanka Test series SYLHET: Bangladesh host a “formidable” Sri Lanka in a two-match Test series starting on Friday and ambitions are... Published 21 Mar, 2024 05:58pm
Stocks KSE-100 retreats as profit-taking kicks in at 66,000 level The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index lost steam during trading on Thursday as investors... Updated 21 Mar, 2024 05:54pm
Money & Banking Bank of England holds interest rate at 16-year high LONDON: The Bank of England on Thursday held its key interest rate at a 16-year high, opting against a reduction as... Published 21 Mar, 2024 05:53pm
Companies Korean Air says to sign $13.7 billion deal with Airbus SEOUL: South Korean flag carrier Korean Air said Thursday it will sign a $13.7 billion deal with Airbus to purchase... Published 21 Mar, 2024 05:51pm
Movies & Music Apollo offers $11 billion for Paramount Studios: report NEW YORK: US investment firm Apollo has made an $11 billion offer to buy Paramount Studios, according to a report... Published 21 Mar, 2024 05:47pm
Middle East Dubai’s Parkin shares jump more than 30% in bourse debut DUBAI: Shares in Parkin, which oversees public parking operations, jumped more than 30% in their debut on Dubai... Updated 21 Mar, 2024 05:40pm
Middle East Turkiye and Gulf states to launch talks for free trade pact ANKARA: Turkiye and the Gulf Cooperation Council (GCC) have signed a deal to launch negotiations for a Free Trade... Published 21 Mar, 2024 05:35pm
Middle East Israeli forces kill nine Palestinians in West Bank in 24 hours RAMALLAH: Israeli forces killed two Palestinians in separate incidents in the occupied West Bank on Thursday,... Published 21 Mar, 2024 05:25pm
Stocks Metals, large-caps lead rise in Indian shares after Fed maintains rate view BENGALURU: Indian shares rose on Thursday, helped by metals stocks, joining a global equity rally after the Federal... Published 21 Mar, 2024 05:07pm
Commodities Aluminium hits 11-week high on improved demand prospects LONDON: Aluminium prices climbed to an 11-week high on Thursday as buying interest increased with improving demand... Published 21 Mar, 2024 05:04pm
Commodities Palm oil reverses course amid production growth uncertainty JAKARTA: Malaysian palm oil futures dropped on Thursday, erasing earlier gains, amid uncertainty over production... Published 21 Mar, 2024 05:01pm
Sports Jordan beat Pakistan 3-0 in 2026 FIFA qualifiers Jordan defeated Pakistan 3-0 in the second round of the 2026 FIFA World Cup qualifier at Jinnah Sports Ground... Published 21 Mar, 2024 04:49pm
Europe Satellite images show 35% of Gaza’s building destroyed, UN says GENEVA: Satellite images analysed by the United Nations Satellite Centre show that 35% of the Gaza Strip’s buildings... Published 21 Mar, 2024 03:25pm
Business & Finance IMF’s Georgieva urges central bank independence amid election-year rate-cut pressures WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that central banks... Published 21 Mar, 2024 03:23pm
Europe Running nuclear plants for longer can help meet climate goals, EU’s von der Leyen says BRUSSELS: Extending the lifespan of existing nuclear power plants can help meet climate change targets, European... Published 21 Mar, 2024 03:21pm
Business & Finance Hyundai, Kia to recall US vehicles over damaged charging unit, NHTSA says Hyundai Motor America and Kia America are recalling a combined 147,100 US vehicles over a damaged charging unit, the... Published 21 Mar, 2024 03:19pm
Business & Finance Sri Lanka’s inflation eases to 5.1% in February BENGALURU: Sri Lanka’s inflation rate fell to 5.1% in February year on year from 6.5% in January, official data... Published 21 Mar, 2024 03:17pm
Business & Finance IMF, Sri Lanka reach staff-level agreement on second review of bailout package COLOMBO: The International Monetary Fund and Sri Lanka have reached a staff-level agreement on economic policies to... Published 21 Mar, 2024 03:16pm
South Asia Suicide bombing in Afghan city of Kandahar kills three KANDAHAR: A suicide bombing killed three people and wounded 12 others on Thursday in the Afghan city of Kandahar, a... Updated 21 Mar, 2024 02:03pm
Europe Zelensky calls for air defences after Russian missiles target Kyiv KYIV: Ukrainian President Volodymyr Zelensky called for the West to deliver air defence systems to Kyiv after an... Published 21 Mar, 2024 02:01pm
Middle East Israeli army says over 140 gunmen killed in Al-Shifa operation GAZA CITY: More than 140 gunmen have been killed in four days of fighting in and around Gaza’s largest hospital,... Published 21 Mar, 2024 01:59pm
Stocks FTSE 100 hits over 10-month high on Fed stance boost; BoE decision eyed London equities opened higher on Thursday as investors welcomed the Federal Reserve sticking to its three rate-cut... Published 21 Mar, 2024 01:54pm
Stocks European shares hit record high on resources boost, risk appetite European shares scaled to record-high levels on Thursday, boosted by basic resources-linked stocks and a strong risk... Published 21 Mar, 2024 01:51pm
Technology India top court puts on hold unit for fact-checking online content about govt NEW DELHI: India’s top court on Thursday put on hold a new government-appointed unit created to fact-check online... Published 21 Mar, 2024 01:48pm
Africa Somali pirates’ return adds to crisis for global shipping companies MOGADISHU: As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western... Published 21 Mar, 2024 01:46pm
Asia China firmly opposes US remarks on Arunachal Pradesh, foreign ministry says BEIJING: China strongly deplores and firmly opposes the United States saying Arunachal Pradesh is part of India, a... Published 21 Mar, 2024 01:37pm
Pakistan One terrorist killed in Balochistan’s Panjgur IBO: ISPR Says two terrorists were also injured during operation Published 21 Mar, 2024 01:37pm
Europe Nuclear power absolutely needed to reach climate goals, IEA’s Birol says BRUSSELS: Nuclear power is absolutely needed to reach worldwide climate goals, the head of the International Energy... Published 21 Mar, 2024 01:35pm
Stocks Most Gulf bourses join global rally Most stock markets in the Gulf were up in early trade on Thursday, tracking global peers higher after the US Federal... Published 21 Mar, 2024 01:33pm
Forex Sterling steady ahead of Bank of England decision LONDON: The pound steadied against the dollar on Thursday, ahead of a Bank of England meeting at which the central... Published 21 Mar, 2024 01:31pm
Business & Finance ECB plans greater use of escalation powers with banks: Buch FRANKFURT: The European Central Bank plans to be more aggressive this year in escalating problems with lenders that... Published 21 Mar, 2024 01:29pm
Sports Dhoni in focus as Chennai begin IPL defence against Bengaluru BENGALURU: Chennai Super Kings will launch their Indian Premier League (IPL) title defence against Royal Challengers... Published 21 Mar, 2024 01:28pm
Companies BMW sees steady 2024 automotive margin as R&D, capex peak BMW sees its 2024 automotive margin in line with last year as the German premium carmaker expects research and... Published 21 Mar, 2024 01:26pm
Forex Asian assets rally after Fed retains rate cut projections Most emerging Asian assets rallied on Thursday after the US Federal Reserve maintained its projections for three... Published 21 Mar, 2024 01:25pm
Forex Russian rouble steadies as focus turns towards rate decision MOSCOW: The Russian rouble steadied on Thursday, supported by high oil prices as the market looked ahead to Friday’s... Published 21 Mar, 2024 01:24pm
South Asia India’s opposition struggles to battle Modi juggernaut NEW DELHI: Living a precarious existence on odd jobs, manual labourer Virender Singh says his relentless struggles... Published 21 Mar, 2024 12:22pm
Asia Indonesia rescuers save 69 Rohingya refugees after boat capsizes MEULABOH: Indonesian authorities rescued at least 69 Rohingya refugees on Thursday and were taking them to shore... Published 21 Mar, 2024 12:14pm
Business & Finance Bank of England to hold rate despite slowing inflation LONDON: The Bank of England is widely expected to keep its main interest rate at a 16-year high Thursday, rejecting... Published 21 Mar, 2024 12:12pm
Asia China’s Xi congratulates Indonesia’s Prabowo on election win BEIJING: Chinese President Xi Jinping on Thursday congratulated Prabowo Subianto on his victory in Indonesia’s... Published 21 Mar, 2024 12:10pm
Companies Japan Airlines says buying 32 Airbus, 10 Boeing planes TOKYO: Japan Airlines said Thursday that it is buying 32 new aircraft from Airbus and 10 from Boeing, without giving... Published 21 Mar, 2024 12:08pm
Sports Mitchell Starc and Cummins to Coetzee and Patel: Six IPL big-money buys NEW DELHI: The 2024 Indian Premier League begins on Friday, starring some of the world’s best cricketers. AFP Sport... Published 21 Mar, 2024 12:05pm
Sports Court rules Robinho must serve gang rape sentence in Brazil BRASÍLIA: Former Manchester City and Real Madrid striker Robinho must serve a nine-year rape sentence – imposed on... Published 21 Mar, 2024 12:01pm
Sports USA and Spain handed tough draws in women’s Olympic tournament SAINT-DENIS: Four-times winners USA, Germany and Australia were placed in the same group, while hosts France will... Published 21 Mar, 2024 11:59am
Stocks Hong Kong stocks surge out of the gates HONG KONG: Hong Kong stocks jumped at the open Thursday as world markets were boosted by Federal Reserve interest... Published 21 Mar, 2024 11:49am
Middle East Two killed in Israeli air strike in West Bank: Palestinian Authority RAMALLAH: Two Palestinians, who the Israeli military said posed a “threat” to its soldiers, were killed by an air... Published 21 Mar, 2024 11:48am
Business & Finance Japan Finmin Suzuki says monitoring FX with high sense of urgency TOKYO: Japan’s finance minister Shunichi Suzuki said on Thursday the government is watching currency market moves... Published 21 Mar, 2024 11:13am
World China’s Wang Yi has ‘big picture’ talks with former Australia PM Keating SYDNEY: Chinese Foreign Minister Wang Yi met former Australian Prime Minister Paul Keating on Thursday and... Published 21 Mar, 2024 11:00am
Energy Lower LNG prices trigger surge in Asian spot market purchases SINGAPORE: Price-sensitive liquefied natural gas buyers from China, India and parts of Southeast Asia are snapping... Published 21 Mar, 2024 10:57am
Sports Naomi Osaka continues first-round dominance at Miami Open Japan’s Naomi Osaka remained perfect in the first round of the Miami Open, sweeping Italy’s Elisabetta Cocciaretto... Published 21 Mar, 2024 10:55am
Commodities Soybeans jump to two-month high on Argentina weather, wheat rises 1% SINGAPORE: Chicago soybeans rose for a second session on Thursday to hit a two-month high, as excessive rains in... Published 21 Mar, 2024 10:54am
Europe Ukraine’s capital Kyiv is under Russian missile attack, mayor says KYIV: Russia launched a missile attack on Ukraine’s capital, Kyiv, early Thursday, injuring eight people and... Published 21 Mar, 2024 10:52am
Mutual Funds Japan’s 2-year bond yield rises on bets of further rate hikes TOKYO: Japan’s two-year government bond yield rose on Thursday, as investors braced for a further interest rate... Published 21 Mar, 2024 10:51am
Stocks Japan’s Nikkei scales record high, yen rebounds as Fed out-doves BOJ TOKYO: Japan’s Nikkei share average hit a record high on Thursday and the yen rebounded strongly from a four-month... Published 21 Mar, 2024 10:49am
Stocks Indian shares join global rally after Fed maintains rate cut view; metals lead BENGALURU: Indian shares joined a global equity rally on Thursday after the US Federal Reserve maintained its... Published 21 Mar, 2024 10:48am
Business & Finance BOJ chief vows to keep monetary stimulus, nods to price momentum TOKYO: Bank of Japan Governor Kazuo Ueda on Thursday vowed to keep supporting the economy with ultra-loose monetary... Published 21 Mar, 2024 10:47am
Business & Finance HSBC keeps best lending rate in Hong Kong unchanged at 5.875% HONG KONG: HSBC Holdings said on Thursday its best lending rate in Hong Kong remains unchanged at 5.875%, after the... Published 21 Mar, 2024 10:45am
Mutual Funds Fed comfort on 2024 rate cuts cools Indian bond yields MUMBAI: Indian government bond yields eased in opening trades on Thursday, tracking US Treasury yields after the... Published 21 Mar, 2024 10:32am
Commodities Palm oil rises for second session on Dalian strength JAKARTA: Malaysian palm oil futures rose for a second straight session on Thursday, supported by strength in Dalian... Published 21 Mar, 2024 10:31am
Asia Indonesia’s Jokowi seeks major party takeover to retain decade-long influence JAKARTA: Outgoing President Joko Widodo is trying to take control of one of Indonesia’s biggest political parties to... Published 21 Mar, 2024 10:25am
Forex China’s yuan steady as Fed maintains 2024 policy easing path SHANGHAI: China’s yuan held steady against a broadly weaker dollar on Thursday, after the Federal Reserve indicated... Published 21 Mar, 2024 10:23am
Forex Indian rupee to rise following ‘modestly dovish’ Fed policy MUMBAI: The Indian rupee is expected to open higher on Thursday, after the US Federal Reserve maintained their... Published 21 Mar, 2024 10:21am
Pakistan Shortage continues unabated: Need for promoting local production of insulin stressed KARACHI: Experts said Pakistan will have to achieve local production of insulin to resolve its shortage, stressing... Updated 21 Mar, 2024 10:21am
Bullion Rate Gold sprints to record high as Fed sticks to 2024 rate-cut view Gold prices climbed to a record high on Thursday, as the US dollar and bond yields ticked lower after the Federal... Published 21 Mar, 2024 10:20am
Stocks Asian stocks jump as US sticks to rate cut plan SINGAPORE: Asian shares bounced while gold prices and Japan’s Nikkei jumped to record highs on Thursday after the US... Published 21 Mar, 2024 10:18am
Forex Australia dollar jumps on jobs boost, Fed rate outlook SYDNEY: The Australian dollar climbed to a one-week high on Thursday after a startlingly strong jobs report quashed... Published 21 Mar, 2024 10:17am
Sports Andy Murray Murray beats ailing Berrettini to reach Miami second round MIAMI: Andy Murray outlasted an ailing Matteo Berrettini 4-6 6-3 6-4 on Wednesday to move into the second round of... Published 21 Mar, 2024 10:15am
Stocks Australian shares rise on Fed rate-cut optimism; NZ in technical recession Australian shares rose on Thursday led by banks and gold stocks, as investors were optimistic over the US Federal... Published 21 Mar, 2024 10:14am
Business & Finance BIP’s Ehad Sukuk-II listed on PSX KARACHI: Pakistan Stock Exchange (PSX) held a gong ceremony at the Exchange to mark the listing of BankIslami... Updated 21 Mar, 2024 09:59am
Discos’ petitions for 2024-25: IMF asks PD to continue tariff rebasing on time ISLAMABAD: The International Monetary Fund (IMF) has asked Power Division to continue tariff rebasing on time for... Updated 21 Mar, 2024 09:58am
SNGPL, SSGC: Ogra raises monthly tariff of imported RLNG ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday raised the monthly tariff of imported RLNG up to... Updated 21 Mar, 2024 09:56am
NEECA issues energy conservation building code ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA) has issued Energy Conservation Building... Updated 21 Mar, 2024 09:55am
Broadening tax base: PM seeks report on phase-wise economic reforms ISLAMABAD: Prime Minister Shehbaz Sharif presiding over a high-level meeting on Wednesday to discuss proposals with... Updated 21 Mar, 2024 09:54am
World Australia tightens student visa rules as migration hits record high SYDNEY: Australia will begin enforcing tougher visa rules for foreign students this week as official data showed... Published 21 Mar, 2024 09:54am
Country needs ‘another’ IMF programme: PM Says rising electricity and gas theft, low tax-to-GDP ratio and rapid increase in expenditure need to be dealt with seriously Updated 21 Mar, 2024 09:54am
Forex Dollar slips as Fed stays the course; Aussie jumps on jobs data SINGAPORE: The dollar fell broadly on Thursday after the US Federal Reserve maintained its interest rate cut... Published 21 Mar, 2024 09:46am
BR Research Current account roundup: 8MFY24 The practice of having near zero current account balance continues. In February 2024, the current account posted a... Published 21 Mar, 2024 08:56am
BR Research FDI and SIFC Foreign direct investment continues to be the weak link in Pakistan’s economy. Regardless of the rise FDI has seen... Published 21 Mar, 2024 08:42am
Dealings with local consumers: IMF for GST registration of online digital platforms ISLAMABAD: The International Monetary Fund (IMF) has recommended sales tax registration of online digital platforms... Updated 21 Mar, 2024 08:44am
Formation of PIAHC approved: Cabinet told initial talks on ‘new programme’ already held with IMF ISLAMABAD: The federal cabinet has approved the formation of Pakistan International Airlines Holding Company which... Updated 21 Mar, 2024 08:44am
IMF says will disburse final SBA tranche ISLAMABAD: The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the second and... Updated 21 Mar, 2024 08:41am
Sales tax assessment: FBR to fix minimum values of steel products on quarterly basis ISLAMABAD: The Federal Board of Revenue (FBR) has decided to fix minimum values of steel products on quarterly... Updated 21 Mar, 2024 08:41am
Revenue requirements for gas companies; PM directs third-party forensic analysis ISLAMABAD: Prime Minister Shehbaz Sharif has ordered a third-party forensic analysis of revenue requirements for Sui... Updated 21 Mar, 2024 08:40am
BR’s refresher: your morning briefing for the day Important updates from March 20, 2024 Published 21 Mar, 2024 08:40am
BR Research Cyan Limited Cyan Limited (PSX: CYAN) was incorporated in Pakistan as a public limited company in 1960. It is a subsidiary of... Published 21 Mar, 2024 08:34am
Opinion Securing Pakistan’s banking and fintech revolution ‘Fraud Risk’, specifically also in Pakistani banking industry becomes a key component of Risk in last decade due... Updated 21 Mar, 2024 06:35am
Opinion Hawkish SBP, happy IMF Some say it was stubborn food inflation that forced SBP’s hand at the MPC, combining with the usual Ramazan effect... Updated 21 Mar, 2024 06:35am
Pakistan IK’s attendance issue: Another show-cause notice issued to jail authorities ISLAMABAD: A local court, on Wednesday, issued another show cause to the Adiala jail superintendent after it was... Published 21 Mar, 2024 06:33am
Pakistan Prize distribution ceremony of 8th edition of Oxford Big Read (OBR) competition held KARACHI: Celebrating literary excellence, Oxford University Press Pakistan, organized the Prize Distribution ... Published 21 Mar, 2024 06:31am
Pakistan Sindh govt launches ‘Kisan Card’ programme for farmers KARACHI: The Sindh government has announced the launching of the Kisan Card program across the province. The ... Published 21 Mar, 2024 06:26am
Business & Finance UBG urges President, PM to engage with business community vigorously KARACHI: Zubair Tufail, President of the United Business Group (UBG), has urged both President Zardari and Prime... Published 21 Mar, 2024 06:23am
Pakistan Alvi inquires about health of JI’s Hafiz Naeem KARACHI: Former President, Arif Alvi recently paid a visit to JI Karachi Chief, Hafiz Naeemur Rehman at a local... Published 21 Mar, 2024 06:21am
Pakistan Danish made ‘Justice of Peace of South Karachi’ KARACHI: The Sindh government has appointed Danish Aman as Justice of Peace, within territorial limits of District... Updated 21 Mar, 2024 06:20am
Commodities Gold prices up KARACHI: Gold prices on Wednesday posted some more gains on the local market but silver was steady, traders said.... Published 21 Mar, 2024 06:19am
Pakistan SAU, FAO to install new flux tower at Latif Farm HYDERABAD: A new Flux Tower is set to be installed at the Latif Farm of Sindh Agriculture University (SAU) Tandojam,... Published 21 Mar, 2024 06:16am
Industry PCJCCI chief underscores importance of CPEC’s role in Balochistan’s development LAHORE: In a recent deliberation at the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) Secretariat,... Published 21 Mar, 2024 06:15am
Pakistan Railways to operate four Eid special trains LAHORE: In preparation for Eid-ul-Fitr, Pakistan Railways CEO Aamir Ali Baloch has declared the operation of four ... Published 21 Mar, 2024 06:14am
Pakistan KP Irrigated-Agriculture Improvement Project: World Bank rates implementation progress as ‘moderately satisfactory’ ISLAMABAD: The World Bank has rated the implementation progress of the “Khyber Pakhtunkhwa Irrigated-Agriculture... Published 21 Mar, 2024 06:13am
Letters A judge, like Caesar’s wife, must be above suspicion? In a major development, President Asif Ali Zardari has approved the dismissal of Supreme Court (SC) former Justice... Published 21 Mar, 2024 06:12am
Energy Domestic, economic and commercial: GC varsity’s students apprised of Fesco’s role in promoting activities FAISALABAD: Additional (DG) Public Relations, Faisalabad Electric Supply Company (Fesco) Tahir Sheikh has said that... Published 21 Mar, 2024 06:11am
Pakistan PML-N, PPP make fresh attempt to hand Discos over to provinces LAHORE: The Pakistan Muslim League Nawaz (PML-N) and the Pakistan People’s Party (PPP) have reattempted to hand... Published 21 Mar, 2024 06:11am
Pakistan Plan aimed at providing agri machinery to farmers being implemented LAHORE: Only 35 per cent of the farmers in Pakistan are using modern agricultural equipment to carry out their... Updated 21 Mar, 2024 06:10am
Pakistan Dastak programme reviewed: Punjab CM orders launch of app, call service LAHORE: With a view to extending home services to the people of Punjab, Chief Minister Maryam Nawaz Sharif has... Published 21 Mar, 2024 06:09am
Industry Investment in corporate farming areas: FPCCI highlights criticality of creation of proper infrastructure KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Central Standing Committee on Agriculture... Published 21 Mar, 2024 06:08am
Business & Finance EU envoy, minister discuss issues relating to GSP+ system ISLAMABAD: EU Ambassador Riina Kionka called on Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, and... Published 21 Mar, 2024 06:07am
Industry ‘Provision of quality, affordable telecom services top priority’ ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said that the provision of ... Published 21 Mar, 2024 06:05am
Pakistan Directorate General of IPRE achieves milestones KARACHI: The Directorate General of Intellectual Property Rights (DGIPRE) under the leadership of Iram Maqbool ... Published 21 Mar, 2024 06:05am
Pakistan Zardari for expanding scope of bilateral cooperation with Japan ISLAMABAD: President Asif Ali Zardari has called for expanding the scope of bilateral cooperation between Pakistan... Published 21 Mar, 2024 06:03am
IK says former president Alvi did his level best to resolve issues ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, on Wednesday, said that he is not annoyed with former... Published 21 Mar, 2024 06:01am
Pakistan FBR revamp: IHC dismisses IR officer’s petition ISLAMABAD: The Islamabad High Court (IHC) has dismissed a petition filed by an Inland Revenue officer against the... Published 21 Mar, 2024 06:00am
Technology Italy plans 1-bn-euro AI investment fund ROME: Italian Prime Minister Giorgia Meloni on Tuesday announced a one-billion-euro investment fund to promote... Published 21 Mar, 2024 05:22am
World WTO chief sees fisheries subsidies deal ratified before year’s end ABUJA: The World Trade Organization’s director-general said on Wednesday she was hopeful a fisheries subsidies... Published 21 Mar, 2024 05:22am
World The Kremlin saw off Navalny - what now for Russia’s opposition? LONDON: On the night he celebrated extending his rule to at least 2030, Russian President Vladimir Putin did... Published 21 Mar, 2024 05:22am
World Blinken tours Mideast as Israel-Hamas war pushes Gaza towards famine GAZA STRIP: US top diplomat Antony Blinken touched down Wednesday in the Middle East to bolster international ... Published 21 Mar, 2024 05:22am
World Russia using ‘fear’ to rule occupied Ukraine: UN KYIV: Russia has tortured and arbitrarily detained people in occupied Ukraine, creating a “climate of fear” and... Published 21 Mar, 2024 05:22am
World French navy seizes 10.7 tonnes of cocaine off African coast BREST: The French navy has seized 10.7 tonnes of cocaine with a street value of hundreds of millions of dollars from... Published 21 Mar, 2024 05:22am
World Saudi Arabia boosts funding to UNRWA by $40m RIYADH: A Saudi-funded humanitarian agency pledged on Wednesday to boost the kingdom’s funding to the UN... Published 21 Mar, 2024 05:22am
Africa South Sudan gunmen kill 15 people in ambush JUBA: Fifteen people, including a regional commissioner, died when their convoy was ambushed in South Sudan’s... Published 21 Mar, 2024 05:22am
World Indonesia’s Prabowo wins presidential election JAKARTA: Indonesia’s election commission on Wednesday formally announced Defence Minister Prabowo Subianto had... Published 21 Mar, 2024 05:22am
Sports NESPAK presents stadium upgradation plan to PCB chairman LAHORE: Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi called on the NESPAK (National Engineering Services of... Published 21 Mar, 2024 05:22am
Sports ICC Women’s championship 2022-25: West Indies women’s cricket team due on April 14 LAHORE: Pakistan all set to host their final set of ICC Women’s Championship 2022-25 matches at home, as West... Published 21 Mar, 2024 05:22am
World India’s richest 1pc has highest concentration of wealth in decades, study shows NEW DELHI: The wealth concentrated in the richest 1 percent of India’s population is at its highest in six decades... Published 21 Mar, 2024 05:22am
World Senate Democrats urge ‘bold’ US push on Palestinian state WASHINGTON: More than a third of the US Senate’s Democrats called on President Joe Biden’s administration... Published 21 Mar, 2024 05:22am
Pakistan The Weather KARACHI: The weather report on Wednesday (March 20, 2024) and the forecast for Thursday (March 21, 2024)... Published 21 Mar, 2024 05:22am
Pakistan Senate elections: code of conduct unveiled ISLAMABAD: Any person in service of Pakistan shall not promote or hinder the election of a contesting candidate in... Published 21 Mar, 2024 05:22am
Pakistan IK, Qureshi, Rashid acquitted in two cases ISLAMABAD: A local court, on Wednesday, acquitted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, PTI vice... Published 21 Mar, 2024 05:22am
Pakistan ‘Mega corruption’ references: PTI flays acquittal of Nawaz’s sons ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) severely criticised the acquittal of Hassan and Hussain Nawaz – the sons... Published 21 Mar, 2024 05:22am
Pakistan Hamza Camp attack case: 5 accused granted bail by SC ISLAMABAD: The Supreme Court remarked how on the basis of a head constable’s statement it deem the former prime... Published 21 Mar, 2024 05:22am
Pakistan Sherry for implementation of national clean air policy ISLAMABAD: Pakistan People’s Party (PPP Vice) President Senator Sherry Rehman on Wednesday expressed deep concern... Published 21 Mar, 2024 05:22am
Pakistan Speaker, Dy Speaker condole deaths of coalminers ISLAMABAD: National Assembly of Pakistan Speaker Sardar Ayaz Sadiq and National Assembly Deputy Speaker Syed Ghulam... Published 21 Mar, 2024 05:22am
Pakistan Aurangzeb for strengthening ties with Turkiye ISLAMABAD: The Turkish Ambassador to Pakistan, Dr Mehmet Pacaci, called on Minister for Finance and Revenue, ... Published 21 Mar, 2024 05:22am
Pakistan Aurangzeb, UAE envoy discuss establishment of SIFC ISLAMABAD: Ambassador of the United Arab Emirates (UAE) to Pakistan Hamad Obaid Ibrahim Salim Alzaabi called on... Published 21 Mar, 2024 05:22am
Pakistan Punjab govt: Bar member moves against Nawaz chairing meetings LAHORE: A bar member has approached the Lahore High Court against Nawaz Sharif for chairing administrative meetings... Published 21 Mar, 2024 05:22am
Pakistan Cardiology hospitals increasing capacity to facilitate patients LAHORE: Pursuant to the directions of Punjab Chief Minister Maryam Nawaz, all the cardiology hospitals across the... Published 21 Mar, 2024 05:22am
Pakistan Apni Chhat, Apna Ghar Project: CM reviews construction of 100,000 houses LAHORE: Chief Minister Punjab Maryam Nawaz Sharif, while chairing a review meeting on the construction of 100,000... Published 21 Mar, 2024 05:22am
Pakistan Complainants get Rs8.8m dues on Ombudsman orders LAHORE: On the orders of Provincial Ombudsman Punjab Major Azam Suleman Khan (R), various provincial departments,... Published 21 Mar, 2024 05:22am
Pakistan Implementation of Sikh Marriage Act 2018 proves milestone: Ramesh LAHORE: In order to discuss various proposals regarding the establishment of reconciliation council and appointment... Published 21 Mar, 2024 05:22am
Pakistan JI chief advocates for de-politicization of institutions LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has advocated for the de-politicization of institutions, holding feudal... Published 21 Mar, 2024 05:22am
Pakistan Flour bags bearing photo of Nawaz: LHC seeks reply from govt within a week LAHORE: The Lahore High Court on Wednesday sought reply from the government within a week on a petition against... Published 21 Mar, 2024 05:22am
Pakistan Recounting in NA-133, Kasur: LHC suspends ECP’s notice LAHORE: The Lahore High Court on Wednesday suspended a notice of Election Commission of Pakistan (ECP) issued on an... Published 21 Mar, 2024 05:22am
Pakistan Pakistan for conclusion of ESP agreement with UK ISLAMABAD: British High Commissioner to Pakistan Jane Marriott on Wednesday called on Prime Minister Shehbaz Sharif,... Published 21 Mar, 2024 05:22am
Pakistan PFA imposes Rs1.15m fine on four FBOs, discards 1,200kg substandard gram flour LAHORE: The Punjab Food Authority (PFA) slapped a collective fine of Rs 1.150 million on four Food Business ... Published 21 Mar, 2024 05:22am
Pakistan PM calls for simplifying civil and criminal laws ISLAMABAD: The first meeting of the Special Committee for Legal and Judicial Reforms was held Wednesday under the... Published 21 Mar, 2024 05:22am
Pakistan Punjab Police & private college sign MoU LAHORE: Inspector General Police Punjab Dr Usman Anwar has taken another good measure for the higher technical... Published 21 Mar, 2024 05:22am
Pakistan President approves dismissal of former Justice Mazahar ISLAMABAD: President Asif Ali Zardari approved the dismissal of Supreme Court (SC) former Justice Sayyed Mazahar Ali... Published 21 Mar, 2024 05:22am
Pakistan MBS, Munir discuss a raft of challenges JEDDAH: Chief of Army Staff (COAS) General Syed Asim Munir has called on Saudi Crown Prince and Prime Minister... Published 21 Mar, 2024 05:22am
Pakistan Lu submits written testimony in US Congress: ‘Despite complaints Pakistan polls were as per law’ WASHINGTON: US Assistant Secretary of State for South and Central Asian Affairs Donald Lu has submitted a written... Published 21 Mar, 2024 05:22am
Pakistan WPV1: Nine sewage samples tested positive ISLAMABAD: The health authorities have collected nine sewage samples from six districts of the country that have... Published 21 Mar, 2024 05:22am
Pakistan Seeking ‘audit’ of Feb 8 polls, PTI moves SC ISLAMABAD: The Supreme Court (SC) has been urged to constitute a judicial commission, consisting of serving SC ... Published 21 Mar, 2024 05:22am
Pakistan Gwadar Port Complex: eight attackers killed ISLAMABAD: A group of eight terrorists attempted to enter Port Authority Complex in Gwadar on Wednesday, which was... Published 21 Mar, 2024 05:22am
Pakistan Two terrorists gunned down in North Waziristan IBO ISLAMABAD: Two terrorists were gunned down in an intelligence-based operation (IBO) in Khyber Pakhtunkhwa’s (KP)... Published 21 Mar, 2024 05:22am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (March 20, 2024). ==================================== BR... Published 21 Mar, 2024 05:22am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (March 20, 2024). ======================================= Offset... Published 21 Mar, 2024 05:22am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 20, 2024)... Published 21 Mar, 2024 05:22am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 20, 2024).... Published 21 Mar, 2024 05:22am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (March 20, 2024).... Published 21 Mar, 2024 05:22am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (March 20, 2024). ======================== Open Bid... Published 21 Mar, 2024 05:22am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 21 Mar, 2024 05:22am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (March 20, 2024). ========================== KIBOR... Published 21 Mar, 2024 05:22am
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 21 Mar, 2024 05:22am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 21 Mar, 2024 05:22am
Commodities Vietnam faces $3bn annual crop losses from rising saltwater levels HANOI: Vietnam faces nearly $3 billion a year in crop losses as more saltwater seeps into arable land, state media... Published 21 Mar, 2024 05:22am
Commodities Copper slips on demand worries LONDON: Copper prices retreated further from an 11-month peak on Wednesday, on worries about demand in top metals... Published 21 Mar, 2024 05:22am
Cotton & Textile Sluggish business on cotton market LAHORE: The local cotton market on Wednesday remained sluggish and the trading volume remained low. Cotton Analyst... Published 21 Mar, 2024 05:22am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (March 20, 2024)... Published 21 Mar, 2024 05:22am
Energy Oil slips from highs ahead of Fed decision NEW YORK: Oil prices fell on Wednesday after hitting multi-month highs in the previous session, as investors braced... Published 21 Mar, 2024 05:22am
Commodities Gold slips on stronger dollar BENGALURU: Gold prices drifted lower on Wednesday as the US dollar firmed, while traders awaited the US Federal... Published 21 Mar, 2024 05:22am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR25.910... Published 21 Mar, 2024 05:22am
Commodities Malaysian palm oil futures rebound on strong exports JAKARTA: Malaysian palm oil futures rebounded on Wednesday, as better export figures and expectation of easing... Published 21 Mar, 2024 05:22am
Rates Activities of Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 158,997 tonnes of cargo comprising 123,063 tonnes of import cargo and 35,934... Published 21 Mar, 2024 05:22am
Stocks Indian shares flat as caution prevails on Fed decision BENGALURU: India’s blue-chips treaded water on Wednesday, hovering around five-week lows hit in the previous... Published 21 Mar, 2024 05:22am
Stocks China, HK stocks edge up as sentiment improves SHANGHAI: Chinese stocks closed up on Wednesday as investor sentiment improved slightly on upbeat data released this... Published 21 Mar, 2024 05:22am
Stocks Luxury stocks pressure European equities ahead of Fed verdict PARIS: European shares were flat on Wednesday, pressured by a sell-off in luxury stocks and in the absence of big... Published 21 Mar, 2024 05:22am
Stocks Wall St holds ground ahead of Fed decision NEW YORK: Wall Street’s main stock indexes were little changed on Wednesday as investors awaited the conclusion of... Published 21 Mar, 2024 05:22am
Opinion PARTLY FACETIOUS: In Pakistan, we do have royalty “H and H have been vindicated.” “I am not sure about that, Her Highness the Princess of Wales doctored the... Published 21 Mar, 2024 05:22am
Energy Nuclear Energy Summit at Brussels: Dar’s participation to increase collaboration with IAEA: FO ISLAMABAD: The Foreign Office said on Wednesday that Foreign Minister Ishaq Dar’s participation in the Nuclear... Published 21 Mar, 2024 05:22am
Rates Equities extend gains KARACHI: A bullish trend continued on Pakistan Stock Exchange on Wednesday on the back of aggressive buying, mainly... Published 21 Mar, 2024 05:22am
Business & Finance Railways decides to go solar; 100 sites identified ISLAMABAD: Pakistan Railways (PR) has finalised a plan to shift to solar energy, for which, 100 sites with heavy... Published 21 Mar, 2024 05:22am
Business & Finance SSTR implementation for telecom sector: FBR asks provinces to propose change in existing legislative framework ISLAMABAD: The Federal Board of Revenue (FBR) has asked provinces to propose any change in the existing legislative... Published 21 Mar, 2024 05:22am
Commodities Dalian iron ore extends gain on hopes BEIJING: Prices of Dalian iron ore futures extended gains into a third consecutive session on Wednesday, supported ... Published 21 Mar, 2024 05:22am
Commodities Chicago soybean futures tick up on short-covering SINGAPORE: Chicago soybean futures rose on Wednesday, supported by traders unwinding short positions, although a... Published 21 Mar, 2024 05:22am
Commodities Coceral cuts 2024 wheat crop forecast for EU, UK due to heavy rains PARIS: Grain trade association Coceral on Wednesday cut its forecast for this year’s soft wheat output in the... Published 21 Mar, 2024 05:22am
Editorials ‘Decisive action’ EDITORIAL: The new government must have already found out that it has no time to settle in, especially when it comes... Published 21 Mar, 2024 05:22am
Editorials An amendment in the works? EDITORIAL: The declared election outcome notwithstanding recounting of votes since, appears to be veering towards a... Published 21 Mar, 2024 05:22am
Business & Finance Uniform excise duty rates on cigarette makers: IMF’s recommendations welcomed ISLAMABAD: Capital Calling, an Islamabad-based think tank, Friday welcomed the recommendation of the International... Published 21 Mar, 2024 05:22am
Business & Finance Blome, Jam discuss trade avenues ISLAMABAD: US Ambassador Donald Blome called on Federal Minister for Commerce, Jam Kamal Khan, on Wednesday to... Published 21 Mar, 2024 05:22am
Business & Finance MTBs auction: govt borrowing well above target KARACHI: The federal government has borrowed 100 percent above the target in the Market Treasury Bills (MTBs) ... Published 21 Mar, 2024 05:22am
Business & Finance Jul-Feb FDI down 17pc to $820.6m YoY KARACHI: Foreign Direct Investment (FDI) in the country plunged by 17 percent during the first eight months of this... Published 21 Mar, 2024 05:22am
Business & Finance Fed holds key rate, pencils in 3 cuts this year WASHINGTON: The US Federal Reserve voted Wednesday to hold interest rates at a 23-year high for a fifth consecutive... Published 21 Mar, 2024 05:22am
Companies ‘No time to waste’: Japan Inc set to step up outbound M&A: Makiko Yamazaki, Scott Murdoch and Kane Wu TOKYO/SYDNEY/HONG KONG: Japan Inc’s pursuit of overseas deals is set to accelerate as the country’s corporate... Published 21 Mar, 2024 05:22am
Companies Adidas warns of 2024 sales decline in overstocked North America market HERZOGENAURACH: German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America... Published 21 Mar, 2024 05:22am
Companies Generali posts record 2023 profit, dividend on target MILAN: Generali posted on Tuesday record-high profits for 2023 driven largely by its property and casualty division... Published 21 Mar, 2024 05:22am
Companies E.ON raises investments to $46 billion ESSEN (Germany): E.ON, Europe’s biggest operator of energy networks, on Wednesday raised its five-year investment... Published 21 Mar, 2024 05:22am
Companies AstraZeneca buys French biotech firm Amolyt for $1bn LONDON: Anglo-Swedish pharmaceuticals giant AstraZeneca on Thursday agreed to buy French biotech specialist Amolyt... Published 21 Mar, 2024 05:22am
Taxes FBR asks CCIRs to comply with court’s orders ISLAMABAD: The Federal Board of Revenue (FBR) has warned Chief Commissioners Inland Revenue that non-compliance of... Published 21 Mar, 2024 05:22am
Money & Banking Asian currencies slip BENGALURU: Asian currencies were largely trading down on Wednesday, while most equities in the region ticked up,... Published 21 Mar, 2024 05:22am
Money & Banking Australia, NZ dlrs bow to US dollar strength SYDNEY: The Australian and New Zealand dollars were on the back foot on Wednesday as markets took a slightly more... Published 21 Mar, 2024 05:22am
Money & Banking Yen close to intervention levels, dollar gains NEW YORK: The yen hit a fresh multi-month low versus the dollar on Wednesday hours before the Federal Reserve... Published 21 Mar, 2024 05:22am
Luxury Hermes sued in antitrust class action over Birkin bag sales French luxury house Hermes, has been sued in California over claims it unlawfully allows only customers with... Published 21 Mar, 2024 12:21am