News Archives for Latest - 2024-07-24

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Archive - 2024-07-24

World

Israeli PM urges global alliance against Iranian ‘axis of terror’

WASHINGTON: Israeli premier Benjamin Netanyahu slammed Gaza ceasefire demonstrators Wednesday and called for a...

Updated 25 Jul, 2024 01:56am

Perspectives

Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost

At last, the global spectacle has come to an end. The last scion of the Ambani family has completed his grand...

Updated 25 Jul, 2024 12:33am

World

Thousands protest Netanyahu outside US Capitol

WASHINGTON: Thousands of demonstrators marched towards the US Capitol on Wednesday to protest Benjamin Netanyahu and...

Published 24 Jul, 2024 11:29pm

Europe

Ukraine tells China that Russia not ready for ‘good faith’ talks

KYIV: Kyiv is prepared to negotiate with Russian representatives when Moscow is willing to hold talks “in good...

Published 24 Jul, 2024 11:07pm

Europe

German cabinet agrees to expand tax relief to boost economy

BERLIN: Germany’s cabinet agreed on Wednesday to increase tax relief for companies and households to almost 21...

Published 24 Jul, 2024 11:01pm

Pakistan

Cabinet meeting: PM Shehbaz slams PTI, but no ban so far

Premier says the govt will not tolerate any propaganda campaign against the army chief at any cost

Updated 24 Jul, 2024 10:51pm

World

US sanctions China-based network over North Korea support

WASHINGTON: The United States unveiled sanctions Wednesday against a network of half a dozen people and five firms...

Published 24 Jul, 2024 10:49pm

World

Palestinians say Israel troops kill two in West Bank raids

RAMALLAH: Palestinian officials said Israeli troops killed two men, including a customs officer, in separate raids...

Published 24 Jul, 2024 10:22pm

Europe

Lula rallies G20 nations against world hunger ahead of meeting

RIO DE JANEIRO: Brazil’s President Luiz Inacio Lula da Silva on Wednesday urged world leaders to work together and...

Published 24 Jul, 2024 10:15pm

Companies

Honda Atlas Cars’ profit-after-tax jumps 40% in Apr-Jun

Amid massive increase in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) rose nearly...

Updated 24 Jul, 2024 10:06pm

Forex

Rupee falls marginally against US dollar

Currency settles at 278.50 against the greenback in inter-bank market

Updated 24 Jul, 2024 10:05pm

Sports

Sinner pulls out of Paris Games due to tonsillitis

PARIS: World number one Jannik Sinner has withdrawn from the Paris Olympics due to tonsillitis, the Italian said on...

Published 24 Jul, 2024 09:12pm

Commodities

Oil prices rise off six-week lows as US fuel stocks decline

HOUSTON: Oil prices rose on Wednesday, supported by large draws in U.S. crude and fuel stocks, but were still close...

Updated 24 Jul, 2024 08:45pm

Stocks

Positivity prevails at PSX, KSE-100 gains over 400 points

Rate cut expectations boost sentiment

Updated 24 Jul, 2024 08:42pm

Commodities

Gold price per tola jumps Rs2,300 in Pakistan

After registering a fall in the previous session, gold prices in Pakistan registered gains on Wednesday in line with...

Updated 24 Jul, 2024 08:20pm

Markets

Lucky Core Industries to enhance soda ash plant capacity by 200,000 tons per annum

The Board of Directors of Lucky Core Industries Limited (LCI), formerly known as ICI Pakistan Limited, has given its...

Updated 24 Jul, 2024 08:05pm

South Asia

China starts work on Afghan copper mine long stalled by war

SHAST BANDARI: Chinese engineers and the Taliban government broke ground in Afghanistan on Wednesday on a project to...

Published 24 Jul, 2024 08:02pm

Pakistan

Punjab govt asks Supreme Court to cancel bails of May 9 suspects

A list of 57 PTI leaders has been submitted to the top court by the provincial government

Updated 24 Jul, 2024 07:36pm

Stocks

US stocks lower after Google, Tesla results

NEW YORK: Wall Street stocks retreated early Wednesday following declines by Tesla and Google parent Alphabet after...

Published 24 Jul, 2024 07:27pm

Companies

In fuel-guzzling Saudi Arabia, electric cars pique interest

RIYADH: For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings,...

Published 24 Jul, 2024 07:21pm

Companies

Ferrari to accept crypto-payments in Europe

ROME: Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency,...

Published 24 Jul, 2024 07:17pm

World

UK royal family sets out path to net zero

LONDON: Britain’s royal family on Wednesday set out its latest plans to reduce its carbon footprint, including the...

Published 24 Jul, 2024 07:13pm

Life & Style

Moon lines up with Olympic rings on Eiffel Tower

The moon lining up perfectly with the Olympic rings on the Eiffel Tower was selected as one of Reuters’ Pictures of...

Updated 24 Jul, 2024 07:08pm

South Asia

India likely to ease curbs on some Chinese investments, sources say

NEW DELHI: India is likely to ease restrictions on Chinese investment in non-sensitive sectors like solar panels and...

Updated 24 Jul, 2024 06:59pm

Pakistan

Biden admin seeks $101mn aid for Pakistan to ‘strengthen democracy, fight terrorism’

The Biden administration has requested $101 million in aid for Pakistan to help the South Asian country strengthen...

Updated 24 Jul, 2024 06:57pm

Movies & Music

‘kamala IS brat’: Pop world backs Harris

NEW YORK: The pop world has coalesced rapidly around Kamala Harris’s last-minute candidacy, as the US vice president...

Published 24 Jul, 2024 06:52pm

Middle East

Israel launches new raids in Gaza as Netanyahu visits US

CAIRO/GAZA: Israeli forces carried out new raids in the Gaza Strip on Wednesday, hours before Prime Minister...

Published 24 Jul, 2024 05:59pm

Sports

Gauff named Team USA’s female flag bearer for Paris Games

PARIS: US Open champion Coco Gauff will be the female flag bearer for the United States at the Paris Olympics...

Published 24 Jul, 2024 05:47pm

Sports

Salt Lake City confirmed as host of the 2034 Winter Olympic Games: IOC

PARIS: Salt Lake City was awarded the 2034 Winter Olympic Games on Wednesday following a vote of the International...

Published 24 Jul, 2024 05:35pm

Technology

NEXT BASKET: an online business from scratch

NEXT BASKET announced that there is now a unique one of its kind platform for creation of online stores. “It enables...

Published 24 Jul, 2024 05:36pm

Travel

Pakistan remains among worst passports in the world, Singapore retains top spot

Pakistan's passport is only above Iraq, Syria, Afghanistan; UAE moves into top 10

Published 24 Jul, 2024 05:23pm

Arts

Pakistani artist Fazal Rizvi brings the Karakoram range to Dubai

Pakistani artist Fazal Rizvi recently displayed his works ‘A mirror in my pocket’ at Grey Noise gallery in Dubai’s...

Published 24 Jul, 2024 05:35pm

South Asia

At least 18 dead in Nepal plane crash, officials say

KATHMANDU: At least 18 people were killed when a small plane crashed and caught fire while it was taking off from...

Updated 24 Jul, 2024 05:31pm

USA

Germany’s Scholz says ‘competent’ Harris could win US election

BERLIN: German Chancellor Olaf Scholz praised US Vice President Kamala Harris as a “competent and experienced”...

Published 24 Jul, 2024 05:14pm

South Asia

Bangladesh garment factories reopen after unrest

DHAKA: Garment factories and banks reopened in Bangladesh Wednesday after authorities eased a curfew imposed to...

Published 24 Jul, 2024 05:01pm

Sports

Nadal, Alcaraz cautious on Olympic doubles medal prospects

PARIS: Rafael Nadal and Carlos Alcaraz know they won’t win anything on reputation alone playing together at the...

Published 24 Jul, 2024 04:54pm

Travel

Barcelona cannot absorb infinite tourism growth, needs curbs, mayor says

BARCELONA: Barcelona cannot absorb an ongoing, unbridled growth in the number of tourists and has to impose...

Published 24 Jul, 2024 03:21pm

Travel

Paris Mayor urges visitors to enjoy lifestyle as much as landmarks

PARIS: While every tourist since 1889 has marvelled at the Eiffel Tower, Paris Mayor Anne Hidalgo wants Olympic...

Published 24 Jul, 2024 03:17pm

Stocks

Major Gulf markets mixed; Saudi extends losses

Major stock markets in the Gulf were mixed in early trade on Wednesday as corporate earnings failed to cheer...

Published 24 Jul, 2024 03:12pm

Middle East

39,145 Palestinians killed in Gaza offensive since Oct. 7, health ministry says

DUBAI: Israel’s military offensive in the Gaza Strip has killed at least 39,145 Palestinians and wounded 90,257...

Published 24 Jul, 2024 03:05pm

Stocks

China stocks slide to five-month low; Hong Kong drops

HONG KONG: Chinese stocks declined on Wednesday, with the Shanghai Composite Index hitting its lowest level in over...

Published 24 Jul, 2024 03:01pm

Luxury

LVMH sales miss estimates as Chinese market slows

PARIS: LVMH sales growth slowed in the second quarter as Chinese shoppers reined in spending on high-end fashion at...

Published 24 Jul, 2024 02:49pm

Commodities

Copper around 3-1/2-month low on demand concerns, risk-off sentiment

BEIJING: Copper prices slipped again on Wednesday, and were hovering around a three-and-a-half month low hit in the...

Published 24 Jul, 2024 01:58pm

Stocks

European shares open lower as dismal earnings disappoint

European shares opened lower on Wednesday, dampened by luxury stocks after dour results from the world’s biggest...

Published 24 Jul, 2024 01:45pm

Stocks

FTSE 100 extends declines as US tech earnings fail to impress; Aston Martin surges

London’s FTSE 100 hit its lowest level in over three weeks on Wednesday as investors digested results from U.S. tech...

Published 24 Jul, 2024 01:42pm

Forex

Russian rouble strengthens, bolstered by foreign currency sales

MOSCOW: The Russian rouble strengthened against the dollar on Wednesday, helped by rising foreign currency sales by...

Published 24 Jul, 2024 01:39pm

Stocks

Australian shares drifts lower, tracking Wall Street

Australian shares drifted lower on Wednesday, tracking the lacklustre end on Wall Street overnight, while a drop in...

Updated 24 Jul, 2024 01:36pm

Business & Finance

Kamal highlights potential for enhancing ties with Oman

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan on Tuesday highlighted the significant potential for...

Updated 24 Jul, 2024 01:36pm

Financial

JGB yields climb as BOJ meet, weak auction spur caution

TOKYO: Japanese government bond yields rose on Wednesday as a poorly received auction of 40-year debt left investors...

Published 24 Jul, 2024 01:29pm

Stocks

South Korean shares end lower as Samsung Electronics falls

KOSPI closed down 15.58 points, or 0.56%, at 2,758.71

Updated 24 Jul, 2024 01:26pm

FBR extends scope of Tajir Dost Scheme to 42 cities

LAHORE: The Federal Board of Revenue (FBR) has extended scope of Tajir Dost scheme to 42 cities from six cities. The...

Updated 24 Jul, 2024 01:20pm

Stocks

Japan’s Nikkei closes at one-month low on mixed US tech earnings, yen rally

TOKYO: Japan’s Nikkei share average closed lower for a sixth consecutive session on Wednesday, as mixed earnings...

Updated 24 Jul, 2024 12:49pm

Forex

South African rand extends losses, focus on local inflation data

JOHANNESBURG: The South African rand extended losses in early trade on Wednesday, as investors turned their...

Published 24 Jul, 2024 12:46pm

Europe

Ukraine’s top diplomat meets China’s Wang Yi for talks in Guangzhou

KYIV: Ukraine’s top diplomat held more than three hours of talks with Chinese Foreign Minister Wang Yi in the city...

Published 24 Jul, 2024 12:38pm

Strategic reforms roadmap: 11 ministries to liaise with consultants

Ministries include power, finance, petroleum, commerce, info and telecom, industries and production, planning, development and special initiatives, privatisation, food, BoI, and overseas Pakistanis

Updated 24 Jul, 2024 12:27pm

USA

Israel PM to rally US Congress support amid tensions with Biden

WASHINGTON: Israeli Prime Minister Benjamin Netanyahu will deliver a landmark speech to the US Congress Wednesday,...

Published 24 Jul, 2024 12:26pm

USA

Trump takes fight against Harris to North Carolina rally

WASHINGTON: Donald Trump has so far watched from the sidelines as Vice President Kamala Harris galvanized and...

Published 24 Jul, 2024 11:38am

Commodities

Palm oil eases on higher supply prospects; strong demand limits

BEIJING: Malaysian palm oil futures ticked down for a second session on Wednesday as prospects of higher output in...

Updated 24 Jul, 2024 11:23am

Forex

Chinese yuan hits eight-month low as commodities currencies continue slide

HONG KONG: China’s yuan slipped to its lowest point in more than eight months on Wednesday as commodities-linked...

Published 24 Jul, 2024 11:03am

Commodities

Japan rubber futures rise on firmer synthetic and oil prices

SINGAPORE: Japanese rubber futures rose on Wednesday, buoyed by Higher synthetic rubber and oil prices, although...

Published 24 Jul, 2024 10:36am

Currency

Australia, NZ dollars slump as yen, commodities conspire against them

SYDNEY: The Australian and New Zealand dollars were fast approaching major chart bulwarks on Wednesday as sustained...

Published 24 Jul, 2024 10:33am

Commodities

Gold prices flat as investors focus on US economic data

Gold prices struggled for momentum on Wednesday, with investors awaiting U.S. economic data that could influence the...

Published 24 Jul, 2024 10:29am

Financial

Indian rupee’s downward bias likely to persist; central bank expected to help out

MUMBAI: The Indian rupee is expected to decline further on Wednesday due to a rise in the dollar index and a...

Published 24 Jul, 2024 10:26am

Europe

Civilian killed in Russia’s air attack on Ukraine’s Kharkiv

A civilian was killed in Russia’s air attacks on Kharkiv, the mayor of the city in Ukraine’s east said on Wednesday....

Published 24 Jul, 2024 10:20am

South Asia

Sri Lanka cuts rates to help fuel economic recovery

COLOMBO: Sri Lanka’s central bank cut interest rates by 25 basis points on Wednesday in a surprise decision aimed at...

Published 24 Jul, 2024 10:14am

Commodities

Dalian iron ore extends falls on weakening steel market, demand outlook

SINGAPORE: Dalian iron ore futures prices extended their decline for a fourth straight session on Wednesday, weighed...

Published 24 Jul, 2024 10:11am

Financial

Indian bonds struggle for direction, little help from FY25 budget

MUMBAI: Indian government bond yields continued to struggle for direction on Wednesday, a day after the release of...

Published 24 Jul, 2024 10:09am

Stocks

Asian stocks meander after US tech earns disappoint; yen firms

SINGAPORE: Asian stocks were subdued on Wednesday after lacklustre earnings from U.S. tech behemoths Tesla and...

Published 24 Jul, 2024 09:57am

Stocks

Indian shares still sour after tax hike on equity investments

BENGALURU: Indian benchmarks were little changed on Wednesday, with sentiment still sour a day after the government...

Published 24 Jul, 2024 09:50am

Forex

Dollar firms as commodities slide and carry unwinds

SINGAPORE: Commodity currencies touched multi-week lows on Wednesday tracking weakness in Chinese demand, while the...

Published 24 Jul, 2024 09:44am

Public sector power projects: Govt intends to reduce RoE

ISLAMABAD: The federal government has reportedly made its mind to reduce the Return on Equity (RoE) of public sector...

Updated 24 Jul, 2024 09:36am

SIC’s appeals: PPPP too urges SC to review its July 12 order

ISLAMABAD: The Supreme Court has been asked to review and recall its July 12 order passed in the appeals of Sunni...

Updated 24 Jul, 2024 09:27am

Reduced rate SST facility on restaurant not withdrawn: SRB

KARACHI: Sindh Revenue Board (SRB) has informed that the facility of reduced rate of Sindh Sales Tax (SST) on...

Updated 24 Jul, 2024 09:20am

SBP asked banks to develop NPLs management strategy

KARACHI: In order to facilitate banks to deal with the existing stock of Non-Performing Loans (NPLs) and minimize...

Updated 24 Jul, 2024 09:15am

$13.3bn needed for universal power access: World Bank

ISLAMABAD: The total capital investment required to achieve universal electricity access in four provinces of...

Updated 24 Jul, 2024 09:06am

BR’s refresher: your morning briefing for the day

Important updates from July 23, 2024

Published 24 Jul, 2024 09:04am

Money & Banking

Banks allowed to charge off fully provisioned NPLs

KARACHI: The State Bank of Pakistan (SBP) has allowed the banks to charge off the fully provisioned corporate,...

Updated 24 Jul, 2024 08:59am

PM seeks plan for low-cost electricity for industry

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that Ministry of Power shall present a comprehensive plan to...

Updated 24 Jul, 2024 08:59am

PTI chief explains to ECP why he cannot furnish details

ISLAMABAD: Islamabad Police confiscated not only important legal and electoral record but also took away “even the...

Updated 24 Jul, 2024 08:47am

Israel slams deal to include Hamas in post-war Gaza govt

OCCUPIED JERUSALEM: Israel swiftly condemned an agreement brokered by China on Tuesday which Beijing said would...

Updated 24 Jul, 2024 08:46am

Opinion

Textile exports will start falling soon

It seems that our economic planners are living in a fantasy world. Contrary to our budgetary expectations, which...

Updated 24 Jul, 2024 08:35am

Opinion

Taxes for extravagance?

The Federal Board of Revenue in recent times has decided to jack up its efforts to increase the number of tax return...

Updated 24 Jul, 2024 08:14am

Opinion

Looking for hope!

Pakistan has faced challenges of epic proportions since its inception, yet as a nation, we are endowed with a rich...

Updated 24 Jul, 2024 08:01am

Editorials

Doing the right thing the wrong way

EDITORIAL: Why go through the trouble of dissolving Pak-PWD (Pakistan Public Works Department) – on the orders of...

Updated 24 Jul, 2024 07:53am

BR Research

Static demand, costly power

Power generation in June 2024 at 13 billion units stayed lower 2 percent year-on-year–and so did the FY24 net...

Published 24 Jul, 2024 07:49am

Editorials

Fall in cotton production

EDITORIAL: In yet another piece of discouraging news for the country’s economy, the Pakistan Cotton Ginners...

Updated 24 Jul, 2024 07:47am

BR Research

Pakistan State Oil

Pakistan State Oil (PSO) is the largest marketing company and has the largest market share in the OMC sector. It is...

Published 24 Jul, 2024 07:44am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (July 23, 2024) and the forecast for Wednesday (July 24, 2024)...

Published 24 Jul, 2024 07:41am

Pakistan

New ‘vaccine-like’ HIV drug could cost just $40: researchers

PARIS: A new “vaccine-like” HIV drug that currently costs over $40,000 per person a year could be made for as...

Published 24 Jul, 2024 07:41am

Pakistan

Achievement of students in Matric Board exam celebrated

LAHORE: The Noorani Foundation - Akhuwat School, a not-for-profit institution, celebrates a remarkable achievement ...

Published 24 Jul, 2024 07:41am

Pakistan

Digitisation of municipal projects ordered

ISLAMABAD: Chairman of the Capital Development Authority (CDA) Muhammad Ali Randhawa, on Tuesday, issued directirve...

Published 24 Jul, 2024 07:41am

Pakistan

ZU, GSM form strategic alliance through MoU

KARACHI: Ziauddin University (ZU) and Greenstar Social Marketing Pakistan (GSM) announced a new strategic alliance...

Published 24 Jul, 2024 07:41am

Pakistan

Team meets PM: China’s Hengeng constructing $50m slaughterhouse in Gwadar

ISLAMABAD: A delegation of China’s Hengeng Trading Company, under the leadership of Chairman Zhang Bin met with...

Published 24 Jul, 2024 07:40am

Pakistan

Smuggled Iranian diesel seized

KARACHI: The Anti-Smuggling Organization (ASO) of the Customs Enforcement Collectorate Karachi has seized 11,000...

Published 24 Jul, 2024 07:37am

Pakistan

Maryam steps up criticism of PTI

LAHORE: The Punjab Chief Minister Maryam Nawaz Sharif said on Tuesday that ‘May 09 culprit’ has confessed to...

Published 24 Jul, 2024 07:33am

Pakistan

Nation aware of ‘digital terrorists’: Azma Bokhari

LAHORE: Provincial Minister for Information and Culture Azma Bokhari stated that the entire nation now knows who the...

Updated 24 Jul, 2024 07:32am

Pakistan

Mutual cooperation a must to deal with climate challenges: US diplomat

LAHORE: American Consul General Lahore Kirsten K Hawkins said on Tuesday that Pakistan is among the countries...

Published 24 Jul, 2024 07:30am

Pakistan

Physical remand of IK: LHC issues notices to respondents

LAHORE: The Lahore High Court on Tuesday issued notices to the respondents on a petition of former PTI Chairman ...

Updated 24 Jul, 2024 07:28am

Pakistan

JI demands CEC step down

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem Ur Rehman has stated that the Chief Election Commissioner should step...

Published 24 Jul, 2024 07:26am

Pakistan

President gives his assent to ‘The Christian Marriage (Amendment) Act 2024’

ISLAMABAD: President Asif Ali Zardari assented to “The Christian Marriage (Amendment) Act 2024,” increasing the...

Published 24 Jul, 2024 07:24am

Pakistan

IHC Registrar, Deputy Registrar challenge contempt proceedings

ISLAMABAD: The Registrar and Deputy Registrar of Islamabad High Court (IHC) have challenged the contempt ...

Published 24 Jul, 2024 07:23am

Pakistan

Dar greets Lammy

ISLAMABAD: Foreign Minister Ishaq Dar on Tuesday congratulated David Lammy, the newly elected Secretary of State for...

Published 24 Jul, 2024 07:21am

Pakistan

Adiala Jail authorities tell ATC: ‘IK cannot appear in person for security reasons’

ISLAMABAD: Adiala Jail authorities on Tuesday informed the Anti-Terrorist Court (ATC) that due to security reasons...

Published 24 Jul, 2024 07:19am

Pakistan

PTI holds ‘symbolic’ hunger strike, demands govt release IK, assails NA Speaker

ISLAMABAD: The senior leadership of the Pakistan Tehreek-e-Insaf (PTI) on Tuesday held a symbolic hunger strike...

Published 24 Jul, 2024 07:18am

Pakistan

Disruptions in internet: NA panel summons PTA chairman

ISLAMABAD: The National Assembly’s Standing Committee on IT and Telecom while taking notice of recent disruptions...

Published 24 Jul, 2024 07:00am

Business & Finance

Fishing treaty fails at WTO, prompting US, Chinese concern

GENEVA: Countries and environmental groups voiced concern and disappointment on Tuesday after a draft treaty to cut...

Published 24 Jul, 2024 06:56am

Business & Finance

India must strengthen manufacturing to create jobs, Fitch analyst says

MUMBAI: India needs to strengthen its manufacturing sector to create jobs in the economy and facilitate its...

Published 24 Jul, 2024 06:56am

Energy

US natural gas prices weak on rising output

NEW YORK: US natural gas futures slid about 3% on Tuesday on rising output and an ongoing oversupply of gas in...

Published 24 Jul, 2024 06:56am

Business & Finance

Pakistan, Turkmenistan to develop closer ties in trade, investment

ISLAMABAD: Pakistan and Turkmenistan have agreed to develop closer economic engagement in the priority areas of ...

Published 24 Jul, 2024 06:56am

Energy

MPCL announces completion of appraisal programme for Ghazij gas discovery

ISLAMABAD: Mari Petroleum Company Limited (MPCL) announces the successful completion of the appraisal program for...

Published 24 Jul, 2024 06:56am

Companies

Ali Takesh joins Philip Morris Pakistan and Afghanistan as new MD

KARACHI: Ali Takesh has been appointed as the new Managing Director for Philip Morris Pakistan and Afghanistan,...

Published 24 Jul, 2024 06:56am

Business & Finance

PRBC and embassy of Romania strengthen ties to boost trade

ISLAMABAD: Embassy of Romania to Pakistan have signed a protocol agreement to enhance economic cooperation and...

Published 24 Jul, 2024 06:56am

Business & Finance

PYMA urges govt to lower cost of doing business to protect domestic industry

KARACHI: The Pakistan Yarn Merchants Association (PYMA) has urgently called upon the federal government to take...

Published 24 Jul, 2024 06:56am

Pakistan

Setting up of ‘Medical City and PEZ’ under PPP mode: Ministry asked to discuss proposal at working group meeting

ISLAMABAD: The Ministry of National Health Services, Regulations and Coordination (MNHSR&R) is said to have been...

Published 24 Jul, 2024 06:55am

Pakistan

Islamabad’s posh areas: Shops now required to pay huge amounts of tax

ISLAMABAD: The monthly tax of shops located in posh areas like Jinnah Super (Market F-7) Islamabad has been fixed at...

Published 24 Jul, 2024 06:53am

Pakistan

Agri research: Senate body concerned at ‘insufficient’ allocation

ISLAMABAD: The Senate Standing Committee on National Food Security & Research expressed concern that only 0.12...

Published 24 Jul, 2024 06:49am

Companies

Misleading ads: CAT dismisses appeal filed by Eden Builders

ISLAMABAD: In a recent development, the Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Eden...

Published 24 Jul, 2024 06:47am

Stocks

Tokyo stocks end marginally lower

TOKYO: Japan’s Nikkei share average ended marginally lower on Tuesday, extending its losing run to a fifth...

Published 24 Jul, 2024 06:44am

Stocks

China stocks post biggest fall in 6 months

SHANGHAI: Chinese stocks recorded their biggest single-day drop in six months, demonstrating the fragility of...

Published 24 Jul, 2024 06:43am

Stocks

Europe’s STOXX 600 ends marginally higher

PARIS: European shares ended a touch higher on Tuesday as a rally in technology-related shares following robust...

Updated 24 Jul, 2024 06:40am

Money & Banking

Indian rupee settles at record closing low

MUMBAI: The Indian rupee slipped to record lows on Tuesday as the government raising tax rates for capital gains ...

Updated 24 Jul, 2024 06:39am

Money & Banking

Aussie, Kiwi dollars struggle on China’s rate cuts

SINGAPORE: The Australian and New Zealand dollars languished near multi-week lows on Tuesday after China’s move to...

Updated 24 Jul, 2024 06:39am

Money & Banking

Yuan steady against dollar

SHANGHAI: The yuan held steady on Tuesday against the US dollar, with analysts saying the fragile currency would...

Updated 24 Jul, 2024 06:37am

Taxes

G-B court’s order: Over Rs3bn per annum revenue through imports from China at stake?

ISLAMABAD: The Federal Board of Revenue’s tax collection of over Rs 3 billion per annum from imports from China is...

Published 24 Jul, 2024 06:32am

Industry

Need stressed for stronger liaison for increased trade with Indonesia

LAHORE: Charge d’ Affaires of Indonesia Rahmat Hindiarta Kusuma has said that this is time of collaboration to...

Updated 24 Jul, 2024 06:28am

Business & Finance

Finance minister meets with Moody’s Ratings representatives

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

Published 24 Jul, 2024 06:27am

Business & Finance

SC and SIFC forums: FPCCI will fight case against IPPs’ capacity charges: Mohamin

KARACHI: Abdul Mohamin Khan, Acting President of FPCCI, has said, on behalf of the entire business, industry and...

Published 24 Jul, 2024 06:01am

Business & Finance

FY25 budget: traders reject taxation measures

PESHAWAR: Business community have rejected additional taxation measures in budget 2024-25 and stated that it has not...

Published 24 Jul, 2024 05:59am

Stocks

Megacaps buoy Wall St ahead of big tech earnings

NEW YORK: Wall Street’s main indexes rose on a boost from megacaps ahead of Alphabet and Tesla earnings on ...

Published 24 Jul, 2024 05:55am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (July 23, 2024). ==================================== BR...