News Archives for Latest - 2024-08-20

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Archive - 2024-08-20

Pakistan

Karsaz Road accident: police books woman in murder case

Karachi police has registered a murder case against the woman accused of being responsible for a deadly accident on...

Updated 21 Aug, 2024 12:27am

World

US official says Netanyahu remarks ‘not constructive’ to Gaza truce

DOHA: A US official on Tuesday criticised “maximalist” remarks attributed to Israeli Prime Minister Benjamin...

Published 20 Aug, 2024 11:25pm

Europe

Ukraine says boy dies after Russian strike near playground

A 14-year-child boy has died from his injuries in hospital after a Russian munition struck a kiosk a few metres from...

Published 20 Aug, 2024 11:10pm

Middle East

Hamas says Biden remarks ‘green light’ for Israel to continue aggression in Gaza

More than 40,000 people have been killed in Israel's assault in besieged Palestinian enclave since October 7, 2023

Updated 20 Aug, 2024 10:59pm

Stocks

KSE-100 closes marginally lower after volatile trading

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed marginally lower in a volatile session on...

Updated 20 Aug, 2024 10:53pm

Pakistan

PM Shehbaz says govt working on comprehensive plan for reforms in various sectors

Premier says power sector, agriculture, digitalisation of FBR, commerce and trade are the key focuses of the reform plan

Updated 20 Aug, 2024 10:53pm

Pakistan

Pakistan successfully conducts test of ballistic missile Shaheen-II

Training launch aimed at training of troops, validating various technical parameters

Updated 20 Aug, 2024 10:52pm

Technology

PostEx announces $7.3mn pre-series A funding for expansion in Pakistan, GCC

PostEx, a prominent player in Pakistan’s financial technology sector, announced on Tuesday the completion of a $7.3...

Updated 20 Aug, 2024 10:51pm

Markets

Air Link partners with Acer Gadget to assemble laptops, tablets in Pakistan

Air Link Communication Limited, a manufacturer and distributor of smartphones in Pakistan, has entered into a...

Updated 20 Aug, 2024 10:51pm

Pakistan

PEEF established to support higher education for underprivileged children:PM Shehbaz

Says 20% quota has been allocated for the youth of Balochistan under Pakistan Education Endowment Fund

Updated 20 Aug, 2024 10:51pm

Companies

Weir Group secures £53mn order for Reko Diq copper-gold project in Pakistan

Scottish multinational engineering company will supply fine grinding, separation, and tailings solutions for the project's first phase

Updated 20 Aug, 2024 10:50pm

Europe

France to donate 100,000 mpox vaccines as it readies centres at home

PARIS: France will donate 100,000 mpox vaccine doses to countries suffering from the emergency, as it readies...

Published 20 Aug, 2024 10:36pm

Energy

Oil prices dip as Middle East tensions ease, China data weak

Oil prices dipped on Tuesday, hovering near a two-week low as Middle East supply concerns eased after Israel...

Updated 20 Aug, 2024 09:30pm

Pakistan

Security forces kill 3 terrorists involved in DC Panjgur’s assassination: ISPR

Security forces conducted an intelligence-based operation (IBO) in the Mastung district of Balochistan and killed...

Updated 20 Aug, 2024 08:57pm

Commodities

Gold prices in Pakistan hit record high of Rs260,700 per tola

After declining in the previous session, gold prices in Pakistan surged on Monday, reaching record highs in line...

Updated 20 Aug, 2024 08:54pm

Exchange

Rupee sees marginal improvement against US dollar

Currency settles at 278.34 against the US dollar in inter-bank market

Updated 20 Aug, 2024 08:53pm

Sports

Sri Lanka skipper De Silva hoping to make most of Stokes injury

MANCHESTER: Sri Lanka captain Dhananjaya de Silva believes Ben Stokes’ injury could help his side upset the odds in...

Published 20 Aug, 2024 08:15pm

Middle East

Iran shuts German cultural centres

TEHRAN: Iran shut two offices linked to Germany’s government on Tuesday, the judiciary said, nearly a month after...

Published 20 Aug, 2024 07:06pm

Luxury

Crown Prince to build Louvre of Saudi Arabia featuring $450mn Leonardo da Vinci: report

Saudi Arabia is planning to build a version of the Louvre museum in Riyadh, according to a new BBC documentary on...

Published 20 Aug, 2024 06:54pm

Stocks

US stocks tick lower ahead of Fed speech

NEW YORK: US stocks opened slightly lower Tuesday as traders consolidated recent gains and looked ahead to a key...

Published 20 Aug, 2024 06:52pm

Stocks

Most Gulf markets in black on US rate-cut hopes

Most stock markets in the Gulf ended higher on Tuesday, in line with global shares, driven by expectations the U.S....

Published 20 Aug, 2024 06:39pm

Pakistan

ETs dispose of 7pc poll-related pleas: FAFEN

ISLAMABAD: Only seven percent or 25 petitions of the total 377 petitions filed with 17 of 23 election tribunals...

Updated 20 Aug, 2024 06:30pm

Money & Banking

Turkish central bank holds rates at 50% for fifth month

ISTANBUL: Turkiye’s central bank held interest rates steady at 50% for a fifth straight month on Tuesday as...

Published 20 Aug, 2024 05:56pm

Sports

Pope ready to lead England his way but glad of Stokes support

MANCHESTER: Ollie Pope is prepared to “do his own thing” as England Test captain but accepts he is in caretaker...

Published 20 Aug, 2024 05:53pm

Movies & Music

Kareena Kapoor Khan to feature in new crime thriller ‘The Buckingham Murders’

Bollywood star Kareena Kapoor Khan is set to feature in a crime-thriller, ‘The Buckingham Murders’, set to be...

Published 20 Aug, 2024 05:42pm

Stocks

Financials, IT lead rise in Indian shares

BENGALURU: Indian shares closed higher on Tuesday, led by financials and information technology stocks, as rising...

Published 20 Aug, 2024 05:42pm

Stocks

Sri Lankan shares end little changed

BENGALURU: Sri Lankan shares ended little changed on Tuesday, as a drop in healthcare stocks overshadowed gains in...

Published 20 Aug, 2024 05:39pm

Commodities

Aluminium hits 5-week high on fund buying, alumina shortage

LONDON: Aluminium prices hit their five-week high on Tuesday on increased fund buying and a shortage of raw material...

Published 20 Aug, 2024 05:36pm

Commodities

Palm edges lower on weak export data, Chicago soyoil

JAKARTA: Malaysian palm oil futures slipped on Tuesday, weighed down by weak export data and weakness in Chicago...

Published 20 Aug, 2024 05:30pm

Europe

World’s oldest person dies in Spain at 117: family

MADRID: The world’s oldest living person, Spain’s Maria Branyas Morera, who was born in the United States and lived...

Published 20 Aug, 2024 05:24pm

Stocks

Markets waver ahead of earnings, Powell speech

PARIS: European and Asian stock markets fluctuated on Tuesday as investors trod carefully ahead of a key speech by...

Updated 20 Aug, 2024 05:19pm

Movies & Music

India’s homemade superhero star strikes Bollywood fame

MALEGAON, India: Half a day’s drive from India’s entertainment capital Mumbai, many in the struggling textile city...

Published 20 Aug, 2024 04:49pm

Sports

Bangladesh captain hopes Shakib shines despite political setback

RAWALPINDI: Bangladesh’s cricket captain on Tuesday was confident that ace allrounder Shakib Al Hasan will compete...

Published 20 Aug, 2024 04:36pm

Europe

Russia says captured key hub of New York in east Ukraine

MOSCOW: Russian forces said Tuesday they had captured the key hub of New York in eastern Ukraine, as Moscow – under...

Published 20 Aug, 2024 04:30pm

Pakistan

Sindh orders inquiry into monsoon child brides

KARACHI: A Pakistan provincial government has ordered an inquiry into child marriages in areas affected by floods in...

Published 20 Aug, 2024 03:50pm

Stocks

Major Gulf markets subdued on oil demand concerns

Major stock markets in the Gulf were subdued on Tuesday amid concerns of weak oil demand, even as rising...

Published 20 Aug, 2024 03:20pm

Europe

Mpox is not the new COVID, says WHO official

BERLIN: A World Health Organization official stressed on Tuesday that mpox, regardless of whether it is the new or...

Published 20 Aug, 2024 03:17pm

Forex

Ugandan shilling broadly stable in thin trading

KAMPALA: The Ugandan shilling was broadly stable on Tuesday, with activity thin on both demand and supply sides of...

Published 20 Aug, 2024 03:13pm

Forex

Kenyan shilling little changed in quiet session

NAIROBI: Kenya’s shilling was little changed against the US dollar on Tuesday in a quiet session, traders said. At...

Published 20 Aug, 2024 03:10pm

Middle East

Gaza civil defence says Israel strike on school kills seven

GAZA STRIP: Gaza’s civil defence agency said an Israeli strike hit a school in Gaza City on Tuesday, killing at...

Published 20 Aug, 2024 02:59pm

South Asia

India’s top court sets up doctors’ panel on workplace safety after rape, murder

NEW DELHI: India’s Supreme Court ordered on Tuesday the setting up of a national task force of doctors to make...

Updated 20 Aug, 2024 01:31pm

Sports

Australia batsman Smith says he has no plans to retire

MELBOURNE: Veteran Australia batsman Steve Smith says he has no plans to wind down his cricket career having signed...

Published 20 Aug, 2024 01:29pm

Forex

South African rand softer ahead of leading indicator

JOHANNESBURG: The South African rand gave back some gains in early trade on Tuesday, ahead of the country’s leading...

Published 20 Aug, 2024 01:24pm

Stocks

Copper miners, energy stocks pull FTSE 100 lower

UK’s FTSE 100 benchmark stock index edged lower on Tuesday, pulled down by energy and copper miners’ shares, while...

Published 20 Aug, 2024 01:19pm

Mutual Funds

Euro zone yields edge lower, investors await central bankers’ meeting

LONDON: Euro zone bond yields inched lower on Tuesday, maintaining the calm that has washed over bond markets...

Published 20 Aug, 2024 01:16pm

Commodities

Japan offers to buy 81,442 tons of food wheat via tender

TOKYO: Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 81,442 metric...

Published 20 Aug, 2024 01:15pm

Europe

After yacht sinks off Italy, search resumes for six missing, including Mike Lynch

PALERMO: Rescue teams in Sicily resumed a search for six missing people, including British tech entrepreneur Mike...

Published 20 Aug, 2024 01:13pm

Sports

Cricket Players’ Union to review the sport’s ‘broken’ structure

LONDON: The World Cricketers’ Association has launched a ground-breaking review into the sport’s “broken and...

Published 20 Aug, 2024 01:04pm

Sports

Juve give Motta perfect start against Como as Atalanta thrash Lecce

MILAN: Juventus made light work of Como on Monday with a 3-0 win on Thiago Motta’s Serie A debut with the Turin...

Published 20 Aug, 2024 12:57pm

Sports

Ben Stokes absence adds extra edge to England-Sri Lanka series

LONDON: England head into the first Test against Sri Lanka at Old Trafford starting Wednesday with several players...

Published 20 Aug, 2024 12:50pm

USA

Venezuela opposition candidate asks Maduro to ‘step aside’

CARACAS: Venezuelan opposition presidential candidate Edmundo Gonzalez Urrutia, who has claimed he defeated Nicolas...

Published 20 Aug, 2024 12:44pm

Middle East

Antony Blinken heads to Egypt on Gaza truce push

TEL AVIV: US Secretary of State Antony Blinken headed to Egypt Tuesday for talks on a Gaza ceasefire as he pushes...

Published 20 Aug, 2024 12:40pm

Middle East

Hezbollah says fired ‘intense rocket barrages’ at Israeli positions

BEIRUT: Lebanon’s Iran-backed Hezbollah group said it launched several rocket salvos at Israeli army positions in...

Published 20 Aug, 2024 12:33pm

Sports

Aryna Sabalenka emotional after Cincinnati title

No. 3 seed Aryna Sabalenka of Belarus defeated No. 6 seed Jessica Pegula 6-3, 7-5 in an hour and 15 minutes to win...

Published 20 Aug, 2024 12:16pm

Sports

Jannik Sinner captures Cincinnati Open title

Jannik Sinner raised his ATP Tour-leading total of 2024 tournament championships to five by beating Frances Tiafoe...

Published 20 Aug, 2024 12:10pm

Forex

Most Asian currencies, stocks gain ahead of Jackson Hole meet

The Indonesian rupiah led gains among emerging Asian currencies on Tuesday and its stocks hit a record high, while...

Published 20 Aug, 2024 12:06pm

Commodities

China’s July coal import surge boosts its major suppliers, except Russia

BEIJING: China increased its coal imports from Indonesia, Mongolia and Australia, customs data showed on Tuesday, as...

Published 20 Aug, 2024 12:03pm

Forex

China’s yuan strengthens as dollar pulls back on Fed cut focus

HONG KONG: China’s yuan rose against the dollar on Tuesday, as the greenback fell to a seven-month low on growing...

Published 20 Aug, 2024 11:59am

USA

Joe Biden hails Harris as DNC’s future in emotional farewell speech

CHICAGO: President Joe Biden cemented the Democratic Party’s elevation of Kamala Harris to lead the fight for the...

Published 20 Aug, 2024 11:56am

Commodities

Soybeans and corn dip on expectations of large US harvests

CANBERRA: Chicago soybean and corn futures edged lower on Tuesday, hovering near four-year lows as traders waited to...

Published 20 Aug, 2024 11:50am

Forex

Australia, NZ dollars hover near 1-month highs as Fed cut hopes grow

SYDNEY: The Australian and New Zealand dollars hovered near their one-month highs on Tuesday, supported by...

Published 20 Aug, 2024 11:48am

Energy

China’s July oil imports from top supplier Russia fall 7.4% from a year ago

SINGAPORE: China’s crude oil imports from top supplier Russia fell in July by 7.4% from a year earlier, official...

Published 20 Aug, 2024 11:46am

Stocks

Asia shares hit one-month high on bets for dovish Fed

SINGAPORE: Asian stocks scaled a one-month peak on Tuesday, tracking a Wall Street rally driven by expectations that...

Published 20 Aug, 2024 11:34am

Stocks

China stocks fall as weak appetite, absence of stimulus measures weigh

HONG KONG: China and Hong Kong stocks dipped on Tuesday as recent economic indicators barely offered any comfort,...

Published 20 Aug, 2024 11:32am

Commodities

Palm inches lower; traders await new leads from export data

JAKARTA: Malaysian palm oil futures slipped on Tuesday, as market participants waited for new leads from the August...

Published 20 Aug, 2024 11:30am

Mutual Funds

JGB yields drift as traders seek clues on BOJ, Fed policy direction

TOKYO: Japanese government bond yields moved without a clear direction on Tuesday, amid conflicting messages from...

Published 20 Aug, 2024 11:24am

Commodities

London copper retreats on short-covering, China demand worries

Copper prices in London fell on Tuesday on short-covering after prices rallied in the previous sessions, while...

Published 20 Aug, 2024 11:19am

Europe

Russia launches fifth missile attack on Kyiv in August, Ukraine’s military says

KYIV: Russia launched its fifth missile attack on Kyiv this month, Ukraine’s military said on Tuesday, with...

Published 20 Aug, 2024 11:15am

Mutual Funds

India bonds flat; focus shifts to cenbanks’ latest meetings minutes

MUMBAI: Indian government bond yields were largely unchanged in early trade on Tuesday as traders eyed fresh cues,...

Published 20 Aug, 2024 11:11am

Stocks

Japan’s Nikkei tracks Wall Street rally amid softer yen

TOKYO: Japan’s Nikkei share average tracked Wall Street higher on Tuesday, shaking off the weight of the yen’s...

Published 20 Aug, 2024 11:08am

Stocks

Australian shares at 2-week high on miners’ boost; RBA minutes in focus

Australian shares rose to a two-week high on Tuesday, supported by heavyweight miners, while investors eagerly await...

Published 20 Aug, 2024 11:06am

Stocks

Indian shares open higher; metals lead gains

BENGALURU: Indian shares tracked Asian peers higher on Tuesday, helped by improving metals demand from China and on...

Published 20 Aug, 2024 11:04am

Europe

Ukraine air defences down 3 missiles, 25 drones fired by Russia, Ukrainian air force says

KYIV: Ukraine’s air defences shot down three missiles and 25 drones fired by Russia in an overnight attack on...

Published 20 Aug, 2024 10:56am

Bullion Rate

Gold steady near record high as investors seek more Fed cues

Gold held steady near its record high on Tuesday as investors awaited US Federal Reserve minutes and Chair Jerome...

Published 20 Aug, 2024 10:50am

Forex

Dollar wavers near 7-month low on rate cut bets, Powell speech in focus

SINGAPORE: The dollar wobbled near a seven-month low on Tuesday on wagers the US central bank will start cutting...

Published 20 Aug, 2024 10:48am

Forex

Indian rupee worst Asia performer over August despite mild rise

MUMBAI: The Indian rupee rose slightly on Tuesday but continued to underperform its Asian peers which have rallied...

Published 20 Aug, 2024 10:43am

Movies & Music

From concerts to fashion: as temperature tempers, 8 events to attend in Dubai

As the sweltering weather in the southern hemisphere begins to temper, Dubai’s event calendar is set to become...

Published 20 Aug, 2024 10:00am

IMF Executive Board meeting agenda issued; Pakistan not included

Despite the exclusion, sources indicate that the Executive Board has the discretion to add agenda items outside of the official schedule, leaving room for optimism

Updated 20 Aug, 2024 09:54am

Islamabad IT Park to help achieve $25bn IT export goal: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that Islamabad information technology (IT) park will prove to be...

Updated 20 Aug, 2024 09:33am

Centre follows in Punjab’s footsteps: subsidy announced

ISLAMABAD: The federal government has announced a substantial subsidy of Rs50 billion for electricity consumers...

Updated 20 Aug, 2024 09:32am

Units 1 & 2 of Bin Qasim: KE moves Nepra for extension, renewal of service life

ISLAMABAD: K-Electric has approached the National Electric Power Regulatory Authority (NEPRA) for extension/renewal...

Updated 20 Aug, 2024 09:31am

Investment in IT and agri sectors: Govt wants to reengage with Mashreq Bank: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday expressed government’s interest to reengage with Mashreq...

Updated 20 Aug, 2024 09:30am

PM reappoints Dr Mukhtar as HEC chairman after held responsible for ‘malaise’ by planning minister

ISLAMABAD: Less than a week after Planning Minister Ahsan Iqbal held Chairman Higher Education Commission (HEC) Dr...

Updated 20 Aug, 2024 08:52am

MoC says taking efforts to bring down ACD to zero

ISLAMABAD: Commerce Ministry said on Monday it is fighting at the highest level to bring down Additional Customs...

Updated 20 Aug, 2024 08:51am

Business & Finance

Tax collection under Finance Act 2024: KTBA urges FBR to clarify new amendments

KARACHI: The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to clarify the...

Updated 20 Aug, 2024 08:49am

150MW solar projects: KE receives lowest tariff bid

KARACHI: Following the successful milestone of technical bid opening for K-Electric’s 150 MW solar energy projects...

Updated 20 Aug, 2024 08:48am

Pakistan

Will Faiz turn approver in May 9 violence case?

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Monday, said that ‘the whole drama’...

Updated 20 Aug, 2024 08:46am

PM directs routing 50pc of public cargo thru Gwadar port

ISLAMABAD: Prime Minister Shehbaz Sharif has directed to bring 50 percent of country’s public sector sea route cargo...

Updated 20 Aug, 2024 08:44am

BR’s refresher: your morning briefing for the day

Important updates from August 19, 2024

Published 20 Aug, 2024 08:43am

Pakistan

Electricity bills: Punjab advises Sindh to provide relief to people

LAHORE: Information Minister Punjab Azma Bokhari said that the Sindh government has been worried for three days ...

Published 20 Aug, 2024 08:08am

Pakistan

Ministries to provinces: Senate body recommends devolution

ISLAMABAD: Senate Functional Committee on Devolution, unanimously, recommended the devolution of the Federal ...

Published 20 Aug, 2024 08:06am

Pakistan

Modernizing maritime operations: Minister highlights several key initiatives

KARACHI: COLMAB 24 (Conference on Logistics, Maritime Affairs and Blue Economy) held on Monday has concluded with a...

Published 20 Aug, 2024 08:04am

Pakistan

CM Punjab’s Kissan Card: PAD approves applications of 220,000 farmers

LAHORE: The Punjab Agriculture Department (PAD) has approved the applications of 220,000 farmers to obtain Chief...

Updated 20 Aug, 2024 08:03am

Pakistan

Delegation of GCU visits FCCI

FAISALABAD: Nutritious and balanced diet is imperative for a healthy generation and concerned experts must play ...

Published 20 Aug, 2024 08:02am

Pakistan

Monkeypox threat: Technical Working Group formed in Punjab

LAHORE: The Punjab government has constituted a 20-member Technical Working Group (TWG), to monitor the Monkeypox...

Updated 20 Aug, 2024 08:01am

Industry

Qandhari made honorary adviser to FTO

KARACHI: Federal Tax Ombudsman Dr Asif Mahmood Jah has appointed Johar Qandhari, President of the Korangi ...

Updated 20 Aug, 2024 07:59am

Asia

China and Vietnam sign 14 deals from rail to crocodiles after leaders meet

BEIJING: China and Vietnam signed 14 documents spanning cross-border railways to crocodile exports on Monday, after...

Updated 20 Aug, 2024 07:58am

Asia

Chinese, Philippine ships collide near hotspot South China Sea reef

BEIJING: Philippine ships sustained serious damage Monday in pre-dawn collisions with Chinese vessels near a ...

Updated 20 Aug, 2024 07:56am

World

Blinken warns Israel, Hamas of last chance to end Gaza war

JERUSALEM/CAIRO: US Secretary of State Antony Blinken warned on Monday that the latest push for a Gaza ceasefire and...

Updated 20 Aug, 2024 07:53am

Europe

Zelensky hails Kursk success as Russia rules out talks

KYIV: Ukrainian President Volodymyr Zelensky on Monday hailed his forces’ success in their surprise offensive into...

Updated 20 Aug, 2024 07:51am

South Asia

Modi to visit Ukraine, Poland this week

NEW DELHI: Indian Prime Minister Narendra Modi will visit Ukraine on Friday, officials said, weeks after Kyiv...

Updated 20 Aug, 2024 07:48am

Opinion

Unlocking the global potential of Pakistani mangoes

Pakistan is one of the largest producers of mangoes, cultivating 24 distinct varieties known for their unique colors...

Published 20 Aug, 2024 07:20am

Opinion

Textile sector’s ‘breaches’ inflict financial ‘turmoil’ on PCCC

At the time of Pakistan’s independence, the country had only two textile mills and a handful of ginning factories,...

Published 20 Aug, 2024 07:14am

Opinion

Against monetary dogma

“We’re captive on the carousel of time,” sang Joni Mitchell, “and go round and round and round/In the circle game.”...

Published 20 Aug, 2024 07:08am

Opinion

Findings of 2023 population census

The Pakistan Bureau of Statistics (PBS) has recently disseminated the detailed results of the 7th Population and...

Published 20 Aug, 2024 07:01am

Opinion

PARTLY FACETIOUS: Maryam looked relaxed and dutiful next to her dad

“What did you think of The Father, the Daughter and their grasp of basic economics?” “How many notifications does it...

Published 20 Aug, 2024 06:55am

BR Research

Ferozsons Laboratories Limited

Ferozsons Laboratories Limited was incorporated in Pakistan as a public limited company in 1954. It was converted...

Published 20 Aug, 2024 06:42am

Pakistan

The Weather

KARACHI: The weather report on Monday (August 19, 2024) and the forecast for Tuesday (August 20, 2024)...

Published 20 Aug, 2024 06:55am

Pakistan

NA special panel decides to highlight Indian atrocities in IIOJK at global forums

ISLAMABAD: National Assembly’s Special Committee on Kashmir Affairs on Monday, unanimously, decided to highlight...

Published 20 Aug, 2024 06:55am

Pakistan

Gohar says PTI will participate in Islamabad LG polls

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Barrister Gohar Ali Khan on Monday declared that his party would...

Published 20 Aug, 2024 06:55am

Sports

Shaheens to face Bangladesh-A in 2nd four-dayer today

LAHORE: The Pakistan Shaheens cricket team will take on Bangladesh-A in the IInd four-day match today at the...

Published 20 Aug, 2024 06:55am

Sports

Up-gradation of all three stadiums to be carried out: PCB chief

LAHORE: Pakistan Cricket Board (PCB) Chairman Syed Mohsin Naqvi admitted that none of the stadiums in Pakistan was...

Published 20 Aug, 2024 06:55am

World

UK diplomat resigns over arms sales to Israel

LONDON: A British diplomat based in Ireland resigned over arms sales to Israel with his email circulated online...

Published 20 Aug, 2024 06:55am

Pakistan

190m British pound case against IK, Bushra: Trial court restrained from giving final verdict

ISLAMABAD: The Islamabad High Court (IHC), Monday, barred a trial court from giving a final verdict in the 190...

Published 20 Aug, 2024 06:55am

Pakistan

Three soldiers martyred, five terrorists killed

ISLAMABAD: In a successful operation, Pakistan security forces thwarted an infiltration attempt by terrorists trying...

Published 20 Aug, 2024 06:55am

Pakistan

Religious parties protest against SC verdict in Sani case

ISLAMABAD: The workers of the various religious organisations including Jamiat Ulema-e-Islam Pakistan (JUI) and...

Published 20 Aug, 2024 06:55am

Pakistan

Eight die in bus-trailer crash in Sukkur

SUKKUR: A speeding passenger bus collided with a trailer, resulting in the deaths of eight people, including women...

Published 20 Aug, 2024 06:55am

Pakistan

UHS approves annual exam schedule for MBBS

LAHORE: The first Professional MBBS annual exams will commence in the last week of December, while the IInd...

Published 20 Aug, 2024 06:55am

Pakistan

Punjab Police working towards crime prevention goal: IGP

LAHORE: Inspector General of Police Punjab Dr. Usman Anwar said that the Punjab Police is focusing equally on both...

Published 20 Aug, 2024 06:55am

Pakistan

Pakistan Bait-ul-Mal: Senate body urges govt to fill vacant slot of MD immediately

ISLAMABAD: Senate Standing Committee on Poverty Alleviation and Social Safety has raised serious concern over the...

Published 20 Aug, 2024 06:55am

Pakistan

Currency smuggling: ARDC has no mandate to decide cases, rules FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has ruled that the Alternate Dispute Resolution Committee (ARDC) has ...

Published 20 Aug, 2024 06:55am

Pakistan

Devastating rains: Sindh PA adjourns session till 27th

KARACHI: The Sindh Assembly held a brief session on Monday with lawmakers calling for the adjournment till August 27...

Published 20 Aug, 2024 06:55am

Pakistan

Saylani announces establishment of Imam Ahmad Raza University in Malir

KARACHI: Saylani Welfare International Trust has announced the establishment of a modern university in Malir, named...

Published 20 Aug, 2024 06:55am

Pakistan

New facilities added to JPMC by Sindh govt

KARACHI: Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari has gifted the people of Sindh, including...

Published 20 Aug, 2024 06:55am

Pakistan

Sharjeel orders crackdown on items used in preparation of illegal drugs

KARACHI: The Sindh government has ordered an operation against items used for smoking or inhaling drugs. An ...

Published 20 Aug, 2024 06:55am

Pakistan

CDA to launch online building plan approval system

ISLAMABAD: The Capital Development Authority (CDA) is gearing up to launch an Online Building Plan Approval System...

Published 20 Aug, 2024 06:55am

Pakistan

Hazrat Abdul Latif Bhittai Urs begins: Great Sufi shared message of love, brotherhood: Bilawal

KARACHI: Chairman of Pakistan People's Party (PPP) Bilawal Bhutto Zardari has emphasized the enduring relevance of...

Published 20 Aug, 2024 06:55am

Pakistan

IHC bars CDA from creating new plots in old sectors

ISLAMABAD: The Islamabad High Court (IHC) has struck down the creation of new plots in old sectors by the Capital...

Published 20 Aug, 2024 06:55am

Pakistan

FTO orders’ implementation: IHC issues show cause notice to CIR for filing false statements

ISLAMABAD: Islamabad High Court (IHC) has issued a show cause notice to the Commissioner-Inland Revenue (IR)...

Published 20 Aug, 2024 06:55am

Pakistan

ISSI signs MoU with CSAI at IOS RAS

ISLAMABAD: The Institute of Strategic Studies Islamabad (ISSI) signed a memorandum of understanding (MoU) with the...

Published 20 Aug, 2024 06:55am

Pakistan

KMU, UK Consortium sign MoU to train KP Nurses

PESHAWAR: Khyber Medical University (KMU), Peshawar following an initiative by the Chief Minister Khyber Pakhtunkhwa...

Published 20 Aug, 2024 06:55am

Pakistan

MQM-P urges Sindh govt to provide Punjab-like relief in power bills

KARACHI: Senior leader of the Muttahida Qaumi Movement-Pakistan (MQM-P) Dr Farooq Sattar has called upon the Sindh...

Published 20 Aug, 2024 06:55am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (August 19, 2024). ==================================== BR...

Published 20 Aug, 2024 06:55am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 19, 2024)....

Published 20 Aug, 2024 06:55am

Rates

LME official prices

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

Published 20 Aug, 2024 06:55am

Stocks

Nikkei falls on yen’s gain

TOKYO: Japan’s Nikkei share average fell on Monday, extending losses as the yen strengthened against the dollar,...

Published 20 Aug, 2024 06:55am

Stocks

Indian shares flat

BENGALURU: Indian shares closed flat on Monday, as gains in energy and metals stocks, on a cut in windfall tax on...

Published 20 Aug, 2024 06:55am

Stocks

HK stocks drift higher; China banks hit record peaks

SINGAPORE: Hong Kong stocks led gains in Asia on Monday, supported by the prospect of the US economy likely dodging ...

Published 20 Aug, 2024 06:55am

Stocks

European shares notch broad-based gains

PARIS: European shares climbed on Monday, led by retail and basic resources stocks, with investors bracing for a...

Published 20 Aug, 2024 06:55am

Stocks

Wall St extends winning streak ahead of Jackson Hole meet

NEW YORK: The S&P 500 and the Nasdaq rose for an eighth straight session on Monday as concerns around an...

Published 20 Aug, 2024 06:55am

Letters

Balochistan: devastating rains

According to media reports, at least 16 people were killed, 11 injured, and nearly 3,000 were affected as the ...

Published 20 Aug, 2024 06:55am

Pakistan

‘Doors for talk closed’: PM advisor accuses PTI of running organised propaganda against state institutions

ISLAMABAD: The Adviser to Prime Minister on Law and Justice, Barrister Aqeel Malik, on Monday, accused the Pakistan...

Published 20 Aug, 2024 06:55am

Pakistan

PU assures LHC to issue roll number slip to student

LAHORE: The Punjab University (PU) on Monday assured the Lahore High Court that roll number slip will be issued to...

Published 20 Aug, 2024 06:55am

Pakistan

Punjab govt approves three development schemes

LAHORE: The Punjab government has approved three development schemes worth Rs1.8 billion. In this regard, a meeting...

Published 20 Aug, 2024 06:55am

Pakistan

Secretary Defence of Iraq meets Gen Sahir

ISLAMABAD: Lieutenant General Ahmed Dawood Salman, secretary defence of Iraq met with General Sahir Shamshad Mirza,...

Published 20 Aug, 2024 06:55am

Pakistan

Seven labourers killed as truck plunges into ravine in Diamer

DIAMER: At least seven labourers were killed when the vehicle they were travelling in plunged into a ditch in Chilas...

Published 20 Aug, 2024 06:55am

Pakistan

SSGC removes 557 illegal gas connections

KARACHI: The Sui Southern Gas Company Limited (SSGC) has been fighting against the menace of gas theft ever since ...

Published 20 Aug, 2024 06:55am

Pakistan

UK HC meets Shaza

ISLAMABAD: British High Commissioner to Pakistan Jane Marriott called on Minister of State for IT and...

Published 20 Aug, 2024 06:55am

Pakistan

Wildlife department starts using modern thermal technology

LAHORE: The Punjab Wildlife and Parks Department has started using modern thermal technology to detect the presence...

Published 20 Aug, 2024 06:55am

Pakistan

One case of Clade II mpox detected in KPK

ISLAMABAD: The Ministry of National Health Services and Regulations, Monday, announced that the Mpox case identified...

Published 20 Aug, 2024 06:55am

Pakistan

Monsoon flooding: 37 die; 43 hurt, 192 houses damaged

ISLAMABAD: The monsoon flooding in various parts of the country over the past 24 hours has wreaked havoc as at least...

Published 20 Aug, 2024 06:55am

Pakistan

Water level in Tarbela dam reaches maximum

LAHORE: Tarbela Dam has reached its maximum conservation level of 1550 feet above mean sea level Monday, resulting ...

Published 20 Aug, 2024 06:55am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (August 19, 2024). ======================================= Offset...

Published 20 Aug, 2024 06:55am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 19, 2024)...

Published 20 Aug, 2024 06:55am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (August 19, 2024)....

Published 20 Aug, 2024 06:55am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (August 19, 2024). ======================== Open Bid Rs...

Published 20 Aug, 2024 06:55am

Forex

Open market rates of foreign currencies

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

Published 20 Aug, 2024 06:55am

Cotton & Textile

Spot rate gains Rs300 per maund amid slow trading

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Monday increased the spot rate by Rs 300...

Published 20 Aug, 2024 06:55am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (August 19, 2024)...

Published 20 Aug, 2024 06:55am

Commodities

Gold dips after record run as traders await cues from Fed

BENGALURU: Gold eased on Monday after piercing the $2,500 ceiling in the previous session, as investors booked...

Published 20 Aug, 2024 06:55am

Energy

Oil slips with Brent staying below $80 on China demand concerns

NEW YORK: Oil eased on Monday, with global benchmark Brent holding below $80 a barrel, as concerns over economic...

Published 20 Aug, 2024 06:55am

Commodities

Japanese rubber futures weaker

SINGAPORE: Japanese rubber futures slipped on Monday, weighed down concerns about demand prospects in top consumer...

Published 20 Aug, 2024 06:55am

Energy

US natgas prices jump

NEW YORK: US natural gas futures jumped about 5% to a four-week high on Monday on a decline in output and forecasts...

Published 20 Aug, 2024 06:55am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 246,906 tonnes of cargo comprising 158,018 tonnes of import cargo and 88,888...

Published 20 Aug, 2024 06:55am

Energy

LESCO BoD meeting

LAHORE: Board of Directors of Lahore Electric Supply Company (LESCO) held a meeting with Amir Zia in the chair....

Published 20 Aug, 2024 06:55am

Energy

Gas condensate discovered

KARACHI: A gas condensate discovery has been made from another exploratory zone Lockhart at exploratory well...

Published 20 Aug, 2024 06:55am

Rates

Stocks witness drawdown

KARACHI: Pakistan Stock Exchange on Monday witnessed a mixed trend and after moving in both directions, closed on a...

Published 20 Aug, 2024 06:55am

Business & Finance

July IT, ITeS export remittances fall 4pc to $286m MoM

ISLAMABAD: The country’s information technology and IT-enabled services (ITeS) export remittances comprising...

Published 20 Aug, 2024 06:55am

Business & Finance

PSMA Punjab demands govt allow export of 1.5m tons of sugar

LAHORE: The Pakistan Sugar Mills Association (Punjab Zone) reiterated its demand on Monday to allow the mills to...

Published 20 Aug, 2024 06:55am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 22.621 billion...

Published 20 Aug, 2024 06:55am

Commodities

Malaysian palm oil rises on bargain-hunting

JAKARTA: Malaysian palm oil futures recovered on Monday, paring some losses in the previous session on bargain...

Published 20 Aug, 2024 06:55am

Commodities

Copper climbs on waning US recession fears, China demand

BEIJING: Copper prices opened the week on a higher note, as fears of a US recession faded following a batch of ...

Published 20 Aug, 2024 06:55am

Commodities

Dalian iron ore hits one-year low on weakening steel market

SINGAPORE: Dalian iron ore futures prices slid to a one-year low on Monday, as a weakening steel market in top...

Published 20 Aug, 2024 06:55am

Editorials

Planning and managing urbanisation

EDITORIAL: The government didn’t really need the Asian Development Bank (ADB) to remind it that “planning and...

Published 20 Aug, 2024 06:55am

Editorials

Punjab power politics

EDITORIAL: The Punjab government’s decision to reduce electricity bills by 14 rupees per unit for those consuming...

Published 20 Aug, 2024 06:55am

Commodities

Gold prices slip in local market

KARACHI: The local gold prices on Monday scaled back from the all-time highs with the international bullion market...

Published 20 Aug, 2024 06:55am

Pakistan

Bushra, Saqib Nisar’s son cases: SC stops IHC from proceeding

ISLAMABAD: The Supreme Court stopped the Islamabad High Court (IHC) from proceeding in cases of former Chief Justice...

Published 20 Aug, 2024 06:55am

Business & Finance

July C/A deficit falls 78pc YoY on remittances

KARACHI: The country’s current account fell sharply, ie, 78 percent during the first month of this fiscal year...

Published 20 Aug, 2024 06:55am

Money & Banking

Asian currencies: Thai baht hits highest since January

BENGALURU: Most Asian currencies and stocks were on the front foot on Monday, with markets in Thailand taking centre...

Published 20 Aug, 2024 06:55am

Money & Banking

Dollar hits 7-month low, yen gains

NEW YORK: The dollar fell to a seven-month low and the Japanese yen hit a more than one-week high as traders awaited...

Published 20 Aug, 2024 06:55am

Money & Banking

Indian rupee ends higher

MUMBAI: The Indian rupee closed stronger on Monday, aided by a rally in Asian currencies that helped the local unit...

Published 20 Aug, 2024 06:55am

Money & Banking

Yuan up as dollar wobbles

SINGAPORE: The yuan headed for its sharpest gain in two weeks on Monday, riding a wave of broad dollar selling as...

Published 20 Aug, 2024 06:55am

Industry

Ambassador of Tajikistan visits LCCI

LAHORE: The Ambassador of Tajikistan Sharifzoda Yousuf Toir visited the Lahore Chamber of Commerce and Industry and...

Published 20 Aug, 2024 06:55am

Business & Finance

BD crisis: FPCCI urges govt to try to secure textile orders

LAHORE: In a press conference held on Monday, prominent business leaders SM Tanveer and Zaki Aijaz urged the...

Published 20 Aug, 2024 06:55am

Companies

Sindh Bank and SEDF sign collaboration agreement

KARACHI: Sindh Bank Limited and Sindh Enterprise Development Fund (SEDF) have entered into a pivotal institutional...

Published 20 Aug, 2024 06:55am

Business & Finance

SMEs’ growth: PBA hails SBP’s initiative of risk coverage scheme for banks

KARACHI: In a collaborative effort to support the SME sector, the State Bank of Pakistan (SBP) has recently ...

Published 20 Aug, 2024 06:55am

Business & Finance

Freelancers demand govt end internet disruptions

KARACHI: The Pakistan Freelancers Association (PAFLA), a representative body of freelancers countrywide, has called...

Published 20 Aug, 2024 06:55am

Industry

Fixing of Freight rates: CCP issues show-cause notices to TGA, LGTA

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show-cause notices to the Transporters of Goods...

Published 20 Aug, 2024 06:55am

Companies

Descon Engineering completes EnVen project at EFERT in Dharki

KARACHI: Descon Engineering has successfully completed the EnVen Project at the ENGRO Fertilizer Plant (EFERT) in...

Published 20 Aug, 2024 06:55am

Companies

Faysal Bank collaborates with EFU General to launch Mehfooz Ghar Takaful Plan

KARACHI: Faysal Bank Limited (FBL) in collaboration with EFU General-WTO has launched the "EFU Mehfooz Ghar Takaful...

Published 20 Aug, 2024 06:55am

Industry

KCCI seeks similar relief like Punjab for Sindh

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while referring to ...

Published 20 Aug, 2024 06:55am

Business & Finance

Senate panel told about economic potential of cannabis

ISLAMABAD: The Senate Standing Committee on Science and Technology was told on Monday that cannabis can be used in...

Published 20 Aug, 2024 06:55am

Business & Finance

July FDI soars 64pc to $136.3m YoY

KARACHI: The Foreign Direct Investment (FDI) in the country rose by 64 percent during the first month of this fiscal...

Published 20 Aug, 2024 06:55am

BR Research

LSM: Clocked back in the past

Large Scale Manufacturing index for June 2024 went down 0.03 percent year-on-year – the first such instance since...

Published 20 Aug, 2024 06:46am

BR Research

Current account FY25: weak exports pose threat

The near-zero current account balance is expected to continue, as a deficit of $162 million was posted on July 24....

Published 20 Aug, 2024 06:50am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 11	277.87
USD PKR Interbank Buying / Aug 11	277.67
USD to Japanese Yen / Aug 11	159.21
USD to Swiss Franc / Aug 11	0.81
Pound Sterling to USD / Aug 11	1.35
Euro to USD / Aug 11	1.15
SOFR % / Aug 11	3.62

Stock	Volume
S&P 500 / Aug 11	7,728.20
India Sensex / Aug 11	78,154.25
Nasdaq / Aug 11	26,445.45
FTSE 100 / Aug 11	10,844.19
Dow Jones / Aug 11	53,791.85
Germany DAX 30 / Aug 11	26,391.42
France CAC40 / Aug 11	8,714.94
Tokyo Nikkei / Aug 12	66,996.61
Hang Seng / Aug 12	25,361.63

Item	Value
Crude Oil USD/Barrel / Aug 11	83.45
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 11	394,149
Gold Spot USD/Ounce / Aug 11	4,370.32
Cotton US¢/pound / Aug 11	84.39
Petrol/Litre / Aug 12	325.92
Diesel/Litre / Aug 12	382.25

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	9.71 ▲ 0.95 (10.84%)
Azgard Nine (Non-Voti) / Aug 11 Azgard Nine (Non-Voti)(ANLNV)	8.80 ▲ 0.82 (10.28%)
Aruj Industries / Aug 11 Aruj Industries Limited(ARUJ)	12.95 ▲ 1.18 (10.03%)
Tri-Star Power / Aug 11 Tri-Star Power Limited(TSPL)	18.34 ▲ 1.67 (10.02%)
Ashfaq Textile / Aug 11 Ashfaq Textile Mills Limited(ASHT)	40.76 ▲ 3.71 (10.01%)
Ruby Textile / Aug 11 Ruby Textile Mills Limited(RUBY)	23.19 ▲ 2.11 (10.01%)
Asim Textile / Aug 11 Asim Textile Mills Limited(ASTM)	74.79 ▲ 6.8 (10%)
Buxly Paints / Aug 11 Buxly Paints Limited(BUXL)	277.72 ▲ 25.25 (10%)
IGI Life Ins / Aug 11 IGI Life Insurance Limited(IGIL)	21.89 ▲ 1.99 (10%)
Tata Textile / Aug 11 Tata Textile Mills Limited(TATM)	172.39 ▲ 15.67 (10%)

Stock	Price
Dawood Equities / Aug 11 Dawood Equities Limited(DEL)	23.64 ▼ -2.59 (-9.87%)
Fateh Ind. / Aug 11 Fateh Industries Limited(FIL)	286.78 ▼ -31.21 (-9.81%)
TPL Insurance / Aug 11 TPL Insurance Limited(TPLI)	62.84 ▼ -6.34 (-9.16%)
Jubilee Spinning / Aug 11 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	54.39 ▼ -4.42 (-7.52%)
East West Ins. / Aug 11 East West Insurance Company Limited(EWIC)	62.23 ▼ -4.99 (-7.42%)
Engro Powergen / Aug 11 Engro Powergen Qadirpur Limited(EPQL)	24.99 ▼ -1.7 (-6.37%)
F.Credit & Inv / Aug 11 First Credit and Investment Bank Limited(FCIBL)	32.11 ▼ -2.12 (-6.19%)
Kohinoor Mills / Aug 11 Kohinoor Mills Limited(KML)	10.68 ▼ -0.64 (-5.65%)
Trust Mod. / Aug 11 Trust Modaraba(TRSM)	18.94 ▼ -1.02 (-5.11%)
Bawany Air Products / Aug 11 Bawany Air Products Limited(BAPL)	30.43 ▼ -1.6 (-5%)

Stock	Volume
Cnergyico PK / Aug 11 Cnergyico PK Limited(CNERGY)	133,907,407 ▼ -0.29
K-Electric Ltd. / Aug 11 K-Electric Limited(KEL)	61,848,727 ▲ 0
Hascol Petrol / Aug 11 Hascol Petroleum Limited(HASCOL)	45,032,184 ▲ 1.06
Unity Foods Ltd / Aug 11 Unity Foods Limited(UNITY)	40,090,062 ▲ 0.01
Pak Refinery / Aug 11 Pakistan Refinery Limited(PRL)	31,666,040 ▲ 0.91
WorldCall Telecom / Aug 11 Worldcall Telecom Limited(WTL)	28,282,358 ▲ 0
Beco Steel Ltd / Aug 11 Beco Steel Limited(BECO)	24,832,349 ▲ 0.27
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	24,355,243 ▲ 0.95
B.O.Punjab / Aug 11 The Bank of Punjab(BOP)	22,518,009 ▼ -1.17
Pervez Ahmed Consultancy / Aug 11 Pervez Ahmed Consultancy Services Ltd.(PASL)	21,091,236 ▲ 0.19