News Archives for Latest - 2024-07-09

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Archive - 2024-07-09

World

Two Israelis critically hurt in Hezbollah retaliatory attack on Golan, says ambulance service

DUBAI: Two people were critically injured when Hezbollah fired dozens of rockets at the Golan Heights on Tuesday,...

Published 09 Jul, 2024 11:53pm

World

Palestinian health ministry says boy killed by Israeli troops

RAMALLAH: The Palestinian health ministry said Tuesday that Israeli troops shot and killed a 13-year-old boy near...

Published 09 Jul, 2024 11:28pm

Markets

‘Big three’: car companies hit 21-year low in annual sales volume in Pakistan

Pak Suzuki, Honda, and Toyota – Japan’s major auto companies – often attributed as the “Big Three” are expected to...

Updated 09 Jul, 2024 11:24pm

Stocks

KSE-100 closes with 106-point gain after briefly crossing 81,000

Equities at the Pakistan Stock Exchange (PSX) maintained their upward trajectory, as the benchmark KSE-100 Index...

Updated 09 Jul, 2024 10:38pm

Pakistan

May 9 riots: we oppose vandalism, arson, US State Dept says

US State Department spokesperson Mathew Miller states governments should deal with protests 'consistent with the rule of law and respect for free speech'

Updated 09 Jul, 2024 10:37pm

South Asia

Sri Lanka paves way for Musk’s Starlink to enter telecoms market

COLOMBO: Sri Lanka’s parliament approved amendments to a decades-old law on Tuesday to allow Elon Musk’s Starlink,...

Updated 09 Jul, 2024 10:13pm

Exchange

Rupee records marginal increase against US dollar

Currency settles at 278.4 against the greenback in inter-bank market

Updated 09 Jul, 2024 10:05pm

Middle East

Gaza truce talks to resume in Doha, Cairo

CAIRO: Negotiations to secure a ceasefire in the Gaza war will resume in Doha on Wednesday, with the intelligence...

Published 09 Jul, 2024 09:59pm

Stocks

London stocks fall as financials and energy stocks drag

London’s FTSE 100 suffered its steepest fall in nearly a month on Tuesday as banking stocks and energy titan BP...

Published 09 Jul, 2024 09:40pm

Energy

Up to 200 units of consumption: PM Shehbaz announces Rs50bn power subsidy for 25mn households

Says time has come for 'elite to make sacrifices'

Updated 09 Jul, 2024 09:32pm

Life & Style

Ambani wedding: Hillary, Boris, Adani among guests expected on July 12

Former US Secretary of State Hillary Clinton and former UK prime minister Boris Johnson are among the high-profile...

Updated 09 Jul, 2024 09:29pm

Movies & Music

Hollywood on edge about firearms in wake of ‘Rust’ tragedy

GLENDALE, United States: In a studio near Los Angeles, a group of filmmakers practice framing a close-up of a rubber...

Published 09 Jul, 2024 09:19pm

Pakistan

In interest of ‘national security’, govt authorises ISI to trace, intercept calls and messages

IT ministry notification says officers not below the rank of grade 18 to be nominated from time to time to intercept calls and messages or to trace calls through any telecommunication system

Updated 09 Jul, 2024 09:15pm

Markets

Pakistan’s remittance inflow at $30.3bn in FY24, up 10.7%

Inflow of overseas workers’ remittances clocked in at $30.3 billion in fiscal year 2023-24 (FY24), 10.7% higher on a...

Updated 09 Jul, 2024 09:14pm

Energy

Oil prices slip after US crude hub escapes serious storm damage

NEW YORK: Oil prices eased on Tuesday after traders learned that prolonged supply disruptions from Hurricane Beryl...

Updated 09 Jul, 2024 09:08pm

Cricket

India’s cricket board names Gautam Gambhir as head coach

NEW DELHI: India’s cricket board named Gautam Gambhir as head coach on Tuesday, with the former opener taking over...

Published 09 Jul, 2024 08:39pm

Europe

Russia under fire at UN over Ukraine strikes

UNITED NATIONS: Russia came under fire at the UN Security Council on Tuesday for conducting “systemic attacks” on...

Published 09 Jul, 2024 08:31pm

Markets

Gold price per tola decreases Rs100 in Pakistan

Gold prices in Pakistan registered marginal losses in line with a decrease in the international rate. In the local...

Published 09 Jul, 2024 08:23pm

Pakistan

Azerbaijan president due in Islamabad on July 11 for two-day visit

President of Azerbaijan Ilham Aliyev is scheduled to arrive in Islamabad on July 11 for a two-day official visit to...

Published 09 Jul, 2024 07:53pm

Stocks

Chip stocks, megacaps steer S&P 500, Nasdaq to record highs

The S&P 500 and the Nasdaq hit record highs on Tuesday, powered by semiconductors and megacaps, as Congress...

Published 09 Jul, 2024 07:57pm

South Asia

India races to build power plants in region claimed by China, sources say

NEW DELHI: India plans to spend $1 billion to expedite the construction of 12 hydropower stations in the...

Published 09 Jul, 2024 07:53pm

USA

Fed’s Powell says US making ‘modest’ progress on inflation

WASHINGTON: The US Federal Reserve is making “modest” progress in its inflation fight, the head of the US central...

Published 09 Jul, 2024 07:38pm

Stocks

Gulf markets end mixed ahead of Fed chair’s testimony

Stock markets in the Gulf ended mixed on Tuesday as investors awaited U.S. Federal Reserve Chair Jerome Powell’s...

Published 09 Jul, 2024 07:26pm

Middle East

UN ‘appalled’ by latest evacuation orders as Israel continues aggression in Gaza

OCCUPIED JERUSALEM: The United Nations (UN) protested on Tuesday over the latest mass evacuation orders issued by...

Updated 09 Jul, 2024 07:13pm

Europe

India PM Modi tells Putin ‘war cannot solve problems’

MOSCOW: Indian Prime Minister Narendra Modi told Russian President Vladimir Putin on Tuesday in Moscow that peace...

Published 09 Jul, 2024 05:21pm

Middle East

Egypt’s Sisi and CIA’s Burns discusss Gaza ceasefire efforts

CAIRO: Egypt’s President Abdel Fattah al-Sisi and US Central Intelligence Agency Director William Burns on Tuesday...

Published 09 Jul, 2024 05:10pm

Movies & Music

Alec Baldwin goes on trial over fatal ‘Rust’ shooting

SANTA FE, United States: Alec Baldwin’s manslaughter trial over the fatal 2021 shooting on the set of a Western...

Published 09 Jul, 2024 05:07pm

Stocks

Maruti leads Indian shares to record closing high levels

BENGALURU: Indian shares logged all-time closing high levels on Tuesday as car maker Maruti Suzuki and consumer...

Published 09 Jul, 2024 04:53pm

Stocks

Sri Lanka shares drop as communication services stocks decline

CSE All Share index dipped 0.48% to 11,785.23

Published 09 Jul, 2024 04:51pm

Forex

Sterling holds near one-month peak in wake of UK election

LONDON: The pound was little changed on Tuesday, down very slightly from Monday’s one-month peak as investors...

Published 09 Jul, 2024 04:02pm

Sports

Novak Djokovic blasts fans’ ‘disrespect’ after reaching 60th Slam quarter-final

LONDON: Novak Djokovic accused Wimbledon fans of “disrespect” in a withering on-court tirade after reaching a 60th...

Published 09 Jul, 2024 03:53pm

Sports

James Anderson urges next generation to embrace Test cricket as exit looms

LONDON: England great James Anderson hopes future players will relish the challenge of Test cricket rather than just...

Published 09 Jul, 2024 03:49pm

Stocks

Major Gulf markets mixed ahead of Fed chair’s testimony

Major stock markets in the Gulf were mixed in early trade on Tuesday, as investors awaited Federal Reserve Chair...

Published 09 Jul, 2024 03:35pm

South Asia

India’s Modi on visit to Moscow appreciates ‘dear friend’ Putin

NEW DELHI: India’s relationship with Russia is based on “mutual trust and mutual respect,” Prime Minister Narendra...

Updated 09 Jul, 2024 03:32pm

South Asia

India suspends six police, government officials for stampede that killed 121

LUCKNOW: Indian authorities have suspended six police and government officials after a stampede that killed 121...

Published 09 Jul, 2024 03:28pm

Commodities

South Korean flour mills tender for 85,000 metric tons of wheat

HAMBURG: A group of South Korean flour mills has issued a tender to purchase around 85,000 metric tons of milling...

Published 09 Jul, 2024 03:12pm

Forex

Ugandan shilling flat, commodity FX inflows help

KAMPALA: The Ugandan shilling was flat on Tuesday, with some inflows of dollars from exporters of coffee and gold...

Published 09 Jul, 2024 03:09pm

South Asia

Flooding in northern Bangladesh displaces 40,000 people, shuts schools

DHAKA: Flooding in Bangladesh has swept away homes and shut schools, displacing tens of thousands of people, the...

Published 09 Jul, 2024 03:06pm

Europe

Kremlin says will follow NATO summit closely

MOSCOW: A Kremlin spokesman on Tuesday said that Russia will follow closely a NATO summit about to open in...

Published 09 Jul, 2024 02:26pm

Business & Finance

Moody’s cuts Kenya debt rating further into junk

NAIROBI: Moody’s has downgraded Kenya’s debt rating further into junk territory and warned the outlook was negative...

Published 09 Jul, 2024 02:18pm

Forex

Australian dollar sticks in soggy data, kiwi second-guesses RBNZ

SYDNEY: The Australian dollar stalled near six-month highs on Tuesday as domestic data pointed to softness in...

Published 09 Jul, 2024 02:14pm

Movies & Music

‘Twisters’ film thrill-packed and science-backed, its stars say

LONDON: Almost 30 years on from the blockbuster ‘Twister,’ deadly tornadoes and their chasers return to the screen...

Published 09 Jul, 2024 02:11pm

Sports

Canada primed for role of giant-killers in Copa semis clash with Argentina

Canada are preparing for a colossal Copa America semi-final showdown against Argentina on Tuesday in what their...

Published 09 Jul, 2024 02:09pm

Sports

Argentina’s Copa quarter-final win drives record ratings

Argentina’s penalty shootout victory over Ecuador in the Copa America quarter-finals on Thursday drew record...

Published 09 Jul, 2024 02:05pm

Commodities

Copper prices rise slightly; markets eye Fed chair’s testimony

Copper prices edged up marginally in London on Tuesday, as market participants exercised caution ahead of the...

Published 09 Jul, 2024 02:00pm

Forex

China’s yuan slides on weaker guidance; Powell testimony in focus

SHANGHAI: China’s yuan slipped on Tuesday against the US dollar, as the central bank set a weaker daily official...

Published 09 Jul, 2024 01:57pm

Commodities

Wheat and corn steady after falling on better US crop ratings, soybeans slip

CANBERRA: Chicago wheat and corn futures steadied on Tuesday, after sharp declines in the previous session as data...

Published 09 Jul, 2024 01:55pm

Mutual Funds

JGB yields mixed as market weighs monetary policy concerns

TOKYO: Japanese government bond (JGB) yields were mixed on Tuesday, as the market remained cautious that the Bank of...

Published 09 Jul, 2024 01:52pm

Movies & Music

Skydance CEO Ellison says new Paramount will become a tech-media hybrid

Skydance Media CEO David Ellison sketched out a vision on Monday for Paramount Global as a technology-media hybrid...

Published 09 Jul, 2024 01:51pm

Forex

Indian rupee flat; state-run banks’ dollar sales support as Asian peers slip

MUMBAI: The Indian rupee was largely flat in early trading on Tuesday as mild dollar sales from state-run banks...

Published 09 Jul, 2024 01:49pm

Mutual Funds

India bond yields marginally lower; Powell’s speech eyed

MUMBAI: Indian government bond yields were marginally lower early on Tuesday, with traders awaiting comments from US...

Published 09 Jul, 2024 01:41pm

Stocks

China stocks flat as market sentiment subdued; property firms drag HK shares

SHANGHAI: China stocks were roughly flat on Tuesday, as sentiment is subdued ahead of the highly anticipated ‘Third...

Published 09 Jul, 2024 01:39pm

Life & Style

TikTok removes 20mn Pak videos

KARACHI: TikTok took action against 20 million videos, in Pakistan, and removed them for breaching its community...

Updated 09 Jul, 2024 01:36pm

Commodities

Palm drops more than 2% on rising stock concerns, weak soyoil

MUMBAI: Malaysian palm oil futures fell more than 2% on Tuesday, marking their biggest drop in a month, due to an...

Published 09 Jul, 2024 01:32pm

Forex

Asian currencies dip, stocks mixed ahead of Fed chair’s testimony

Most Asian currencies edged lower on Tuesday while regional stocks were mixed as global markets awaited comments...

Published 09 Jul, 2024 01:27pm

Business & Finance

First Abu Dhabi Bank gives initial guidance for $750mn debt sale

The UAE’s First Abu Dhabi Bank has given initial price guidance for the sale of $750 million Tier 2 Capital...

Published 09 Jul, 2024 01:20pm

Business & Finance

Russian budget deficit at 0.5% of GDP in June, says finance ministry

MOSCOW: Russia’s budget deficit remained at 0.5% of gross domestic product (GDP) in June, the same as in May, the...

Published 09 Jul, 2024 01:15pm

Forex

South African rand stable as markets await US interest rate hints

JOHANNESBURG: The South African rand was little changed in early trade on Tuesday, as markets awaited the Federal...

Published 09 Jul, 2024 01:09pm

Asia

Indonesia search resumes after landslide kills 17, leaves dozens missing

JAKARTA: Indonesian rescuers resumed a search on Tuesday for 45 people still missing after a landslide at an illegal...

Published 09 Jul, 2024 01:07pm

Commodities

Dalian iron ore eases on sluggish China demand, stimulus eyed

NEW DELHI: Dalian iron ore futures prices fell on Tuesday, weighed down by concerns about demand in top consumer...

Published 09 Jul, 2024 01:05pm

Bullion Rate

Gold edges higher as investors await Powell’s testimony

Gold prices inched higher on Tuesday, as the dollar remained soft, with investors awaiting Federal Reserve Chair...

Published 09 Jul, 2024 01:03pm

Mutual Funds

Euro zone bond yields tick higher as traders await Fed’s Powell

LONDON: Euro zone bond yields inched higher on Tuesday as investors waited for testimony from Federal Reserve Chair...

Published 09 Jul, 2024 01:01pm

Stocks

European shares fall ahead of Powell testimony; Indivior drops

European shares slid on Tuesday ahead of a crucial testimony from US Federal Reserve Chair Jerome Powell before a...

Published 09 Jul, 2024 12:59pm

Stocks

Australia shares end higher on broad-based rally; Powell’s speech in focus

Australian shares ended higher on Tuesday in a broad-based rally, tracking a record Wall Street finish overnight,...

Published 09 Jul, 2024 12:57pm

Energy

BP warns of Q2 profit hit from weak refining margins, oil trading

British energy giant BP said on Tuesday that weak refining margins and oil trading were likely to dent its...

Published 09 Jul, 2024 12:55pm

Stocks

London stocks subdued as broader gains offset fall in BP; Powell’s testimony in focus

London’s FTSE 100 was muted on Tuesday, as a decline in shares of energy firm BP was offset by broader gains, while...

Published 09 Jul, 2024 12:50pm

Bid to raise subsidy for protected power users: Further cut in FY25 PSDP likely

PM has also removed Additional Secretary Power Division Zafar Abbas, an officer of BS-21 of Secretariat Group, who was dealing with key affairs of the Power Division

Updated 09 Jul, 2024 12:44pm

Aviation panel told: PIACL sell-off process almost over

ISLAMABAD: The Standing Committee on Aviation was informed that the privatization process of Pakistan International...

Updated 09 Jul, 2024 12:43pm

Stocks

India’s Nifty 50 resumes rally to record-high levels

BENGALURU: India’s benchmark NSE Nifty 50 resumed its rally to all-time highs after two sessions, led by car maker...

Published 09 Jul, 2024 12:20pm

Europe

Russia defence ministry says destroyed 38 Ukrainian drones

MOSCOW: Russian forces destroyed 38 Ukrainian drones overnight in regions near the border, Moscow’s defence ministry...

Published 09 Jul, 2024 10:50am

Highest returns in Q2: Pakistani banks dominate Asia-Pacific lenders ranking: S&P Global

ISLAMABAD: Pakistani banks dominated a ranking of Asia-Pacific lenders with the highest total returns in the second...

Updated 09 Jul, 2024 10:32am

Forex

Dollar droops before Powell testimony; euro weathers France uncertainty

TOKYO: The U.S. dollar hung near a multi-week low versus major peers on Tuesday, still smarting from Friday’s...

Published 09 Jul, 2024 09:55am

Stocks

Nikkei hits record high, investors await Fed chair’s testimony

SYDNEY: Japan’s Nikkei hit a record high on Tuesday, while investors elsewhere waited anxiously to see if Federal...

Published 09 Jul, 2024 09:38am

Forex

China’s yuan slides on weaker guidance; Powell testimony in focus

SHANGHAI: China’s yuan slipped on Tuesday against the US dollar, as the central bank set a weaker daily official...

Published 09 Jul, 2024 09:33am

Govt embarks on the path of rightsizing itself

Seeks information from five ministries about their actual and revised budget for 2023-24 and budget for 2024-25

Updated 09 Jul, 2024 09:33am

Gwadar free area, tariff area: FBR allows transactions in PKR

ISLAMABAD: The Federal Board of Revenue (FBR) has permitted business transactions of goods trading between Gwadar...

Updated 09 Jul, 2024 09:31am

Pakistan

PM announces solar-power package for Balochistan farmers

QUETTA: Prime Minister Shehbaz Sharif on Monday said that under an agreement reached between the federal and...

Updated 09 Jul, 2024 09:30am

Overbilling: Naqvi orders FIA to probe Discos’ data

ISLAMABAD: Interior Minister Mohsin Naqvi, on Monday, ordered the Federal Investigation Agency (FIA) to probe the...

Updated 09 Jul, 2024 09:13am

Business & Finance

Collection via PPO: Rs4bn payment issue will be resolved, Aurangzeb tells KE

ISLAMABAD: Finance Minister Muhammad Aurangzeb has assured K-Electric with regard to the resolution of Rs4 billion...

Updated 09 Jul, 2024 09:05am

Business & Finance

RoI, capacity payments and other terms: Senate panel may initiate probe into IPP pacts

ISLAMABAD: The Senate Standing Committee on Power is likely to initiate a probe into the agreements of the...

Updated 09 Jul, 2024 09:05am

Tax-to-GDP ratio in FY24 stands at 9pc: FBR

ISLAMABAD: The Tax-to-GDP ratio stood at 9 percent during 2023-24, according to the Federal Board of Revenue (FBR)...

Updated 09 Jul, 2024 09:03am

Infrastructure projects: G2G pact with Denmark on the cards

ISLAMABAD: Pakistan and Denmark are to sign a pact on Public Private Partnership (PPP) for sustainable...

Updated 09 Jul, 2024 09:02am

BR Research

Power tariffs:Protected take the beating

The electricity base tariffs for 91 percent of domestic power consumers have been revised from a minimum of 26...

Published 09 Jul, 2024 08:26am

BR Research

Pakistan Oilfields Limited

Pakistan Oilfields Limited (PSX: POL) is involved in the exploration, drilling, and production of crude oil and gas...

Published 09 Jul, 2024 08:23am

BR’s refresher: your morning briefing for the day

Important updates July 8, 2024

Published 09 Jul, 2024 08:19am

Opinion

Bifurcation of NTDC: a flawed plan?

A recent news flash about unbundling the National Transmission and Dispatch Company (NTDC) has left many wondering...

Updated 09 Jul, 2024 07:52am

Opinion

Agriculture is not the future of Pakistan

The argument that Pakistan is an agrarian economy is always reinforced by the agriculture sector’s significant...

Updated 09 Jul, 2024 07:42am

Opinion

Outlook for FY25

The fiscal year, 2024-25, promises to be an eventful year. It will see early negotiations between the Government of...

Updated 09 Jul, 2024 07:39am

World

US seeks to boost scrutiny on property deals near military facilities

WASHINGTON: The United States plans to broaden oversight of foreigners’ real estate transactions on properties...

Published 09 Jul, 2024 07:21am

Europe

Russian missiles kill 31 in Ukraine, gut Kyiv children’s hospital

KYIV, (Ukraine): Russia struck cities across Ukraine on Monday with a missile barrage that killed 31 people and...

Published 09 Jul, 2024 07:19am

Middle East

Palestinians flee battles as mediators push for truce deal

GAZA STRIP: Palestinians on Monday fled heavy battles in Gaza City as the Israeli military expanded an evacuation...

Updated 09 Jul, 2024 07:18am

Energy

Oil prices fall on worries

NEW YORK: Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut US refineries and ports ...

Updated 09 Jul, 2024 07:17am

USA

Storm Beryl knocks out power as it churns across Texas

WASHINGTON: Tropical Storm Beryl lashed Texas with strong winds and torrential rain on Monday as it churned inland,...

Updated 09 Jul, 2024 07:17am

Pakistan

The Weather

KARACHI: The weather report on Monday (July 08, 2024) and the forecast for Tuesday (July 09, 2024)...

Published 09 Jul, 2024 07:16am

World

NATO will need 35-50 extra brigades under new defence plans

WASHINGTON: NATO will need between 35 and 50 extra brigades to fully realise its new plans to defend against an...

Updated 09 Jul, 2024 07:16am

Middle East

Satellite photos show Iran expanding missile production

WASHINGTON/DUBAI: Recent satellite imagery shows major expansions at two key Iranian ballistic missile facilities...

Updated 09 Jul, 2024 07:16am

Europe

France faces coalition puzzle after left-wing surge in election

PARIS: The French left said it wanted to run the government but conceded on Monday that talks would be tough and ...

Published 09 Jul, 2024 07:15am

World

Samsung workers begin three-day general strike over pay

HWASEONG, (South Korea): Workers at South Korean tech giant Samsung began a three-day general strike over pay and...

Published 09 Jul, 2024 07:14am

Pakistan

Senate body informed: There’s huge shortage of nurses in country

ISLAMABAD: The Senate Standing Committee on National Health Services, Regulations, and Coordination was informed on...

Published 09 Jul, 2024 07:07am

Pakistan

Hesco vows to ensure uninterrupted supply during Muharram

HYDERABAD: A meeting was held between delegations of the central organization Azza Anjuman Haidari Kadamgah Maula...

Published 09 Jul, 2024 07:07am

Companies

China’s BYD signs deal to open electric car plant in Turkey

ISTANBUL: China’s electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a...

Updated 09 Jul, 2024 07:06am

World

Xi calls on world powers to help Russia, Ukraine ‘resume direct dialogue’

BEIJING: Chinese President Xi Jinping told Hungarian Prime Minister Viktor Orban on Monday that world powers should...

Published 09 Jul, 2024 07:06am

World

12 Syrian migrants among 14 found dead in Algeria desert

ALGIERS: Fourteen people, including 12 Syrian migrants, have been found dead in Algeria’s southern desert province...

Published 09 Jul, 2024 07:05am

World

Biden tells US Congress Democrats he won’t drop out

WASHINGTON: President Joe Biden said on Monday that he would not abandon his reelection campaign as he sought to...

Published 09 Jul, 2024 07:05am

Pakistan

9th May incident: Persons in military custody are being treated shabbily, SC told

ISLAMABAD: The Supreme Court was informed that the persons who are in military custody in the aftermath of the 9th...

Published 09 Jul, 2024 07:05am

Pakistan

Criteria for ATIR members: LHC seeks report from law ministry

ISLAMABAD: Lahore High Court (LHC) has directed Ministry of Law to submit a report on the constitution of benches ...

Published 09 Jul, 2024 07:04am

Pakistan

New Islamic year: Maryam felicitates nation

LAHORE: Punjab Chief Minister Maryam Nawaz has felicitated nation on beginning of new Islamic year. In a message, ...

Published 09 Jul, 2024 07:04am

Pakistan

President summons NA session today

ISLAMABAD: President Asif Ali Zardari on Monday summoned the National Assembly session to meet on Tuesday (today)...

Updated 09 Jul, 2024 07:03am

Pakistan

Contempt of court proceedings: IHC issues notices to Pemra, FIA, PTA, others

ISLAMABAD: A full court of the Islamabad High Court (IHC), Monday, issued notices to the Pakistan Electronic Media...

Published 09 Jul, 2024 07:02am

Pakistan

Iddat case: Judge says he is bound by IHC’s schedule

ISLAMABAD: Additional District and Sessions judge Muhammad Afzal Majoka hearing the iddat case against Pakistan...

Published 09 Jul, 2024 07:02am

Sports

PCB conducts players’ fitness tests

LAHORE: Pakistan Cricket Board (PCB) is conducting fitness tests, for the first time ever in 104 districts across ...

Published 09 Jul, 2024 07:02am

Taxes

Need stressed to digitalise Customs appraisement system

KARACHI: Saquib Fayyaz Magoon, Acting President FPCCI said that Chief Collector of Customs Appraisement (South)...

Published 09 Jul, 2024 07:01am

Pakistan

Likely riverine floods: Sindh CM seeks contingency plan

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, in response to the Met Office forecast of above-average rains,...

Published 09 Jul, 2024 07:00am

Energy

OGDCL successfully revitalises well

KARACHI: The Oil and Gas Development Company Limited (OGDCL) has successfully revitalised the Kunnar-11 well....

Updated 09 Jul, 2024 07:00am

Pakistan

CM approves ‘Roshan Gharana’ programme

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif, while approving in-principle ‘Roshan Gharana’ programme...

Published 09 Jul, 2024 07:00am

Pakistan

Punjab govt approves 7 uplift schemes

LAHORE: The Punjab government has approved seven development schemes, including the solarisation of agricultural ...

Published 09 Jul, 2024 07:00am

Pakistan

UVAS, PPA review poultry science conference arrangements

LAHORE: The University of Veterinary and Animal Sciences Lahore in collaboration with the Pakistan Poultry...

Published 09 Jul, 2024 06:59am

Pakistan

Govt announces to introduce fortified flour across Punjab

LAHORE: The Punjab government has announced the introduction of fortified flour across the province. The use of...

Published 09 Jul, 2024 06:58am

Pakistan

Indictment of Qureshi in police station attack case: ATC adjourns proceedings till 15th

LAHORE: Anti Terrorism Court (ATC) on Monday adjourned to July 15 the proceedings for indictment of former foreign...

Updated 09 Jul, 2024 06:56am

Pakistan

Federal govt urged to abolish health, education ministries

ISLAMABAD: The Senate Functional Committee on Devolution termed the recreation of Health and Education Ministries a...

Published 09 Jul, 2024 06:54am

Companies

PQGTL partners with DFML for motor takaful coverage

KARACHI: Pak-Qatar General Takaful Limited (PQGTL), a leading provider of Shariah-compliant General Takaful ...

Published 09 Jul, 2024 06:50am

Pakistan

Foolproof security finalised for Muharram

LAHORE: Interior Minister Syed Mohsin Naqvi has called a meeting, to review the security arrangements made for the...

Updated 09 Jul, 2024 06:47am

Pakistan

Over 12,000 rescuers to perform duties during Muharram

LAHORE: Over 12,000 rescuers would be deployed during Muharram to provide rescue and medical cover to 1,029...

Published 09 Jul, 2024 06:43am

Pakistan

Countrywide monsoon rains: spell will last till 15th

LAHORE: The Met department has issued a new advisory predicting countrywide monsoon rains until July 15. According...

Updated 09 Jul, 2024 06:41am

Business & Finance

Since transactions done thru banking channel the same cannot be termed ‘fictitious’: appellate forum

LAHORE: A tax officer has failed to prove advance against shares as fictitious transactions transacted through...

Published 09 Jul, 2024 06:39am

Energy

Fesco spokesman explains billing system

FAISALABAD: The Faisalabad Electric Supply Company (Fesco) is billing on Pro-Rata basis programme in eight districts...

Published 09 Jul, 2024 06:39am

Pakistan

Punjab Livestock minister meets DG RVFC, discusses joint goals

LAHORE: Punjab Agriculture and Livestock Minister Syed Ashiq Hussain Kirmani met with Director General Remount...

Published 09 Jul, 2024 06:39am

Pakistan

‘Alleged rigging’ ET imposes fine on two PML-N MNAs

ISLAMABAD: The election tribunal that hears the cases of alleged foul play in general polls on three National...

Published 09 Jul, 2024 06:36am

Companies

CCP approves SoA for merger of SCL with JKSM

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a Scheme of Arrangement for the merger of M/s...

Published 09 Jul, 2024 06:33am

Taxes

Malik Khuda Bakhsh underscores need for broadening tax net

KARACHI: Malik Khuda Bakhsh, Convener of the FPCCI’s Energy Standing Committee and a senior leader in the ...

Published 09 Jul, 2024 06:30am

Pakistan

KP Irrigation Dept urged to ensure uninterrupted water supply

ISLAMABAD: Farmers from Khyber Pakhtunkhwa Monday requested provincial Irrigation Department of KP to develop a...

Updated 09 Jul, 2024 06:29am

Pakistan

Rains, thundershowers likely today

KARACHI: In two consecutive phases, the country is poised to see a fresh and extended monsoon spell all through next...

Updated 09 Jul, 2024 06:28am

Energy

Tanveer urges Aurangzeb to reduce power tariff

LAHORE: Patron-in-Chief United Business Group (UBG) S M Tanveer has demanded Federal Finance Minister Senator...

Published 09 Jul, 2024 06:22am

Companies

Jazz made Farrukh as CFO, CEO MFH

ISLAMABAD: Jazz has appointed Farrukh Khan as its new Chief Financial Officer (CFO) and CEO of Micro-Finance ...

Published 09 Jul, 2024 06:21am

Pakistan

Aurangzeb meets Sir Michael Barber

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb had a meeting with the Founder and...

Published 09 Jul, 2024 06:15am

Pakistan

Urs of Shah Bhittai: Minister to provide facilities to visitors

KARACHI: Minister of Culture, Tourism, Antiquities and Archives Sindh Syed Zulfiqar Ali Shah has said that during...

Published 09 Jul, 2024 06:08am

Pakistan

‘Azadi March’ vandalism case: ATC fixes 29th for indictment of IK, Gandapur

ISLAMABAD: The Anti-Terrorism Court (ATC) on Monday fixed July 29 for the indictment of Pakistan Tehreek-e-Insaf...

Published 09 Jul, 2024 06:08am

Pakistan

ATC rejects IK’s plea for WhatsApp call with sons

RAWALPINDI: An Anti-Terrorism Court (ATC) on Monday rejected Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran...

Published 09 Jul, 2024 06:07am

Pakistan

Monsoon-related emergencies: Call for robust coordination among all stakeholders

ISLAMABAD: The first meeting of the Disaster Response Committee (DRC), constituted by the Prime Minister of ...

Published 09 Jul, 2024 06:00am

Pakistan

Dar briefed on railways development projects

ISLAMABAD: Foreign Minister Ishaq Dar on Monday received a comprehensive briefing on the railways development...

Published 09 Jul, 2024 05:57am

Pakistan

Elah, son allowed to travel abroad

LAHORE: The Lahore High Court on Monday directed the interior ministry to remove the names of PTI President Parvez...

Published 09 Jul, 2024 05:55am

Pakistan

Residence of Omar Ayub: Islamabad and Mianwali police raid criticised

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) spokesperson strongly criticised Islamabad and Mianwali police raid on the...

Updated 09 Jul, 2024 05:51am

Pakistan

LDA seals 15 residential properties

LAHORE: In an operation against illegal commercial buildings, the Lahore Development Authority has sealed over 15...

Published 09 Jul, 2024 05:50am

Business & Finance

Cash reward for IT exporters: Ministry, P@SHA not on same page

ISLAMABAD: The Ministry of Information Technology and Telecommunication and Pakistan Software Houses Association...

Updated 09 Jul, 2024 05:49am

Companies

PHDL declares Rs725 dividend after Regent Plaza sale

KARACHI: Pakistan Hotels Developers Limited (PHDL) has announced an interim cash dividend for the year ending June...

Updated 09 Jul, 2024 05:48am

Pakistan

Luggage dispute: PIA country manager held in Bahrain

KARACHI: The country manager of Pakistan International Airlines (PIA) in Bahrain has been arrested by Bahraini...

Published 09 Jul, 2024 05:40am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (July 08, 2024). ==================================== BR...