News Archives for Latest - 2024-08-27

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Archive - 2024-08-27

Markets

Moody’s warns of significant ratings impact for Israel from all-out conflict

LONDON: An all-out military conflict with Hezbollah or Iran could have significant “credit consequences” for Israeli...

Updated 27 Aug, 2024 11:01pm

Markets

Two Pakistani startups included in Forbes Asia 100 to Watch 2024 list

Two Pakistani startups, DealCart and NayaPay, have made their way to the Forbes list of Asia 100 To Watch 2024....

Published 27 Aug, 2024 10:54pm

Taxes

FBR says no plans to offer amnesty scheme to legalise smuggled vehicles

The Federal Board of Revenue (FBR) has clarified that there are no plans to offer an amnesty scheme for regularizing...

Published 27 Aug, 2024 10:28pm

World

WHO says droplets a ‘minor’ route of mpox transmission

GENEVA: The WHO on Tuesday said droplets were a minor route of transmission for mpox compared to physical contact,...

Published 27 Aug, 2024 10:31pm

Business & Economy

Pakistan aims to secure $4bn from Middle Eastern banks by FY26: SBP governor

Jameel Ahmad says Pakistan is in 'advanced stages' of securing $2 billion in additional external financing required for IMF executive board approval

Updated 27 Aug, 2024 10:18pm

Forex

Rupee registers minor gain against US dollar

Currency settles at 278.32 against the greenback in inter-bank market

Updated 27 Aug, 2024 10:15pm

Markets

Federal cabinet approves merger, dissolution of 82 SOEs

PM Shehbaz constitutes committee to protect interests of employees to be affected, Ministry of Information and Broadcasting says

Published 27 Aug, 2024 10:05pm

Pakistan

25 terrorists killed, four soldiers martyred in Tirah Valley IBOs: ISPR

Security forces have so far killed 25 terrorists in intelligence-based operations (IBOs) in the Tirah Valley of...

Updated 27 Aug, 2024 09:55pm

World

US, China condemn terrorist attacks in Pakistan’s Balochistan

Washington says it will continue to stand shoulder-to-shoulder with Pakistan in fight against terrorism

Updated 27 Aug, 2024 09:53pm

Europe

Zelensky says Ukraine used F-16s against Russian air attacks

KYIV: Ukrainian President Volodymyr Zelensky said Tuesday that his military deployed Western-supplied F-16 fighter...

Published 27 Aug, 2024 08:39pm

Cricket

India’s Jay Shah to be cricket world body chairman: ICC

NEW DELHI: India’s cricket chief Jay Shah has been elected unopposed as chairman of the sport’s world body, the...

Published 27 Aug, 2024 08:19pm

Europe

Russia warns the United States of the risks of World War Three

MOSCOW: Russia said the West was playing with fire by considering allowing Ukraine to strike deep into Russia with...

Published 27 Aug, 2024 08:12pm

Europe

Ukraine’s Zelenskiy to present plan to Biden to end war with Russia

KYIV: Ukraine’s Volodymyr Zelenskiy said on Tuesday that the war with Russia would eventually end in dialogue, but...

Published 27 Aug, 2024 08:02pm

Pakistan

President Zardari confers Nishan-e-Imtiaz upon General Li Qiaoming

President Asif Ali Zardari on Tuesday conferred Nishan-e-Imtiaz (Military) upon Peoples Liberation Army’s (PLA)...

Updated 27 Aug, 2024 07:56pm

USA

Zuckerberg says Biden admin pressured Meta to ‘censor’ COVID-19 content

Meta Platforms CEO Mark Zuckerberg said the Biden administration had pressured the company to “censor” COVID-19...

Published 27 Aug, 2024 07:45pm

Stocks

Wall St drops on caution ahead of Nvidia results, economic data

Wall Street’s main indexes were lower on Tuesday, weighed down by tech-related stocks, as caution prevailed ahead of...

Published 27 Aug, 2024 07:31pm

Stocks

Most Gulf markets ease on regional tensions

Most stock markets in the Gulf ended lower on Tuesday on rising tensions in the Middle East, although looming U.S....

Published 27 Aug, 2024 06:44pm

Movies & Music

Elvis Presley jewelry up for sale at celebrity artifacts auction

NEW YORK: Rare collectibles from the worlds of music and film, including gold rings owned by Elvis Presley and a...

Published 27 Aug, 2024 06:40pm

Stocks

KSE-100 loses another 487 points as participants jittery over IMF programme

The Pakistan Stock Exchange (PSX) witnessed a bearish session for the second consecutive day on Tuesday, as its...

Published 27 Aug, 2024 06:11pm

Stocks

Energy, financial stocks weigh on Sri Lankan shares

CSE All-Share index settled 0.95% lower at 11,093.48 points

Published 27 Aug, 2024 05:58pm

Markets

PSO’s profit doubles, clocks in at Rs19.6bn in FY24

Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) doubled, clocking in at Rs19.65 billion for the...

Updated 27 Aug, 2024 05:54pm

Pakistan

It is now time to end terrorism: PM Shehbaz says after Balochistan attacks

Remarks come after Pakistan saw one of its worst attacks a day ago

Updated 27 Aug, 2024 05:39pm

Pakistan

China strongly condemns attacks in Pakistan, says Chinese foreign ministry

BEIJING: China strongly condemns the attacks in Pakistan and will continue to give strong support to the country in...

Updated 27 Aug, 2024 05:37pm

South Asia

Iran former top diplomat Zarif returns to VP post

TEHRAN: Iran’s former foreign minister, Mohammad Javad Zarif, on Tuesday announced he was returning to his post as...

Published 27 Aug, 2024 05:02pm

Companies

Sony, India’s Zee settle dispute over scrapped $10bn merger

BENGALURU: India’s Zee Entertainment Enterprises and Sony’s unit in the country have agreed to withdraw all claims...

Published 27 Aug, 2024 04:53pm

South Asia

Modi urges early resolution of Ukraine conflict in call with Russia’s Putin

MOSCOW/NEW DELHI: Indian Prime Minister Narendra Modi backs an early, peaceful resolution to the Ukraine conflict,...

Published 27 Aug, 2024 04:48pm

Energy

Oil slips after surge on Libyan outages and Middle East risk

LONDON: Oil prices slipped slightly on Tuesday after rebounding more than 7% over the previous three sessions on...

Updated 27 Aug, 2024 04:37pm

Stocks

Indian shares settle flat as financials offset losses in energy, consumer stocks

BENGALURU: Indian shares were largely unchanged on Tuesday as a rise in financials offset a drop in energy and...

Published 27 Aug, 2024 04:32pm

Commodities

Copper powers to almost six-week high on US rate cut hopes

LONDON: Copper prices rose to their highest in nearly six weeks on Tuesday, with buying triggered by expectations of...

Published 27 Aug, 2024 04:29pm

Commodities

Palm oil snaps four-day rally on global demand uncertainties

SINGAPORE: Malaysian palm oil futures reversed early gains on Tuesday to end a four-session climb, as investors...

Published 27 Aug, 2024 04:26pm

Movies & Music

Oasis announce worldwide reunion tour

LONDON: British rock legends Oasis announced Tuesday they will reunite for a worldwide tour starting in the UK next...

Published 27 Aug, 2024 04:24pm

Test

https://www.youtube.com/watch?v=4NGQPkJ3Bdc&t=8s

Published 27 Aug, 2024 03:50pm

Companies

Standard Chartered Pakistan’s profit marginally up YoY in 2QCY24

Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, posted earnings of...

Published 27 Aug, 2024 03:30pm

Life & Style

Japan is next level for retro game collectors

TOKYO: US tourist David Madrigal is over the moon after paying $200 for a “vintage” console at a busy Tokyo store...

Published 27 Aug, 2024 03:09pm

Travel

Buenos Aires ‘taxi dancers’ glide tourists through daunting tango scene

BUENOS AIRES: For many people, dancing the tango while on a visit to Buenos Aires is on the bucket list. The only...

Published 27 Aug, 2024 02:52pm

Companies

Bawany Air Products says will raise Rs6bn through rights issue

Bawany Air Products Limited (BAPL) said on Tuesday it will raise Rs6 billion through a rights issue of nearly 600...

Published 27 Aug, 2024 02:37pm

Stocks

Miners, energy shares drive FTSE 100 higher; Bunzl hits record high

UK’s benchmark FTSE 100 stock index jumped on Tuesday led by miners and energy shares, as copper prices touched a...

Published 27 Aug, 2024 02:34pm

Forex

Russian rouble strengthens as exporters sell foreign currencies

MOSCOW: The Russian rouble strengthened against the US dollar on Tuesday, supported by foreign currency sales by...

Published 27 Aug, 2024 02:26pm

Forex

Kenyan shilling steady as diaspora FX inflows match demand

NAIROBI: The Kenyan shilling was steady on Tuesday, with foreign exchange inflows from the diaspora matching muted...

Published 27 Aug, 2024 02:24pm

Stocks

Most Gulf markets slip on regional tensions; Dubai gains

Most major stock markets in the Gulf fell in early trade on Tuesday on rising tensions in the Middle East, although...

Published 27 Aug, 2024 01:51pm

Sports

Bangladesh players rally behind accused teammate Shakib Al Hasan

DHAKA: Bangladesh players have rallied round teammate Shakib Al Hasan, the ousted lawmaker who faces a case of...

Published 27 Aug, 2024 01:45pm

Europe

UN nuclear chief to visit Russian atomic plant near front line

KURSK: UN nuclear agency chief Rafael Grossi will visit on Tuesday Russia’s Kursk nuclear power plant, which Moscow...

Published 27 Aug, 2024 01:39pm

Stocks

European shares edge higher as miners support

European shares inched higher on Tuesday following a subdued start to the week, supported by heavyweight miners,...

Published 27 Aug, 2024 01:26pm

Bullion Rate

Gold holds above $2,500/oz level on Fed optimism, Middle East concerns

Gold prices were little changed on Tuesday, but held above the $2,500 per-ounce psychological level on investor...

Published 27 Aug, 2024 01:24pm

Money & Banking

JS Bank records 678% jump in consolidated profit in 2QCY24

JS Bank Limited (JSBL) posted massive earnings of Rs5.5 billion during the quarter ending June 30, 2024, up over...

Published 27 Aug, 2024 01:14pm

Commodities

Palm oil extends gains on Indonesia supply outlook, biodiesel plan

SINGAPORE: Malaysian palm oil futures rose for a fifth consecutive day on Tuesday, sustaining its longest rally in...

Published 27 Aug, 2024 01:13pm

Sports

Aryna Sabalenka cruises past Hon in US Open first round

NEW YORK: Aryna Sabalenka opened her US Open campaign with a 6-3 6-3 win over qualifier Priscilla Hon on Monday,...

Published 27 Aug, 2024 12:20pm

Sports

Coco Gauff begins US Open title defense with easy victory

Defending champion Coco Gauff wasted no time launching her US Open title defense, taking down first-round opponent...

Published 27 Aug, 2024 12:19pm

Technology

Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says

TOKYO: Toyota Motor Corp and BMW will upgrade their partnership in fuel cell vehicles, Nikkei Asia reported on...

Published 27 Aug, 2024 12:14pm

Stocks

China stocks slip on tariffs, e-commerce warning

SINGAPORE: Chinese stock markets fell on Tuesday, with Canadian tariffs weighing on shares in electric vehicle and...

Published 27 Aug, 2024 12:12pm

Technology

China’s BYD to use Huawei’s advanced autonomous driving system in off-road EVs

BEIJING: Chinese electric vehicle (EV) giant BYD has signed an agreement with Huawei to use the Chinese tech...

Published 27 Aug, 2024 12:10pm

Asia

China calls US sanctions over Ukraine war ‘illegal and unilateral’

BEIJING: China called US sanctions on its entities over the Ukraine war “illegal and unilateral” and “not based on...

Published 27 Aug, 2024 11:44am

USA

Deadly Alaska landslide displaces dozens of families in scenic Ketchikan

Emergency crews in the Alaska tourist hub of Ketchikan braced on Monday for more landslides after a large,...

Published 27 Aug, 2024 11:35am

Board meetings scheduled till Sept 4: Pakistan not on IMF agenda yet

ISLAMABAD: The International Monetary Fund (IMF) has not yet included Pakistan on the agenda of its executive board...

Updated 27 Aug, 2024 11:34am

Govt has failed to finalise policy on EV-charging stations

This comes due to lack of proper coordination between National Energy Efficiency & Conservation Authority (NEECA) and Engineering Development Board (EDB)

Updated 27 Aug, 2024 11:32am

Sports

Rusty Novak Djokovic kicks off Grand Slam record bid with Albot thrashing

NEW YORK: Novak Djokovic’s bid for a record 25th Grand Slam title kicked off on Monday with a rusty 6-2 6-2 6-4 win...

Published 27 Aug, 2024 11:30am

Govt considering installing prepaid power meters

MULTAN: Federal Minister for Power Awais Leghari said on Monday that the ruling coalition government is considering...

Updated 27 Aug, 2024 11:29am

Europe

Russian lawmaker and Putin ally says US behind arrest of Telegram CEO

A senior ally of Russian President Vladimir Putin said on Tuesday that Washington was behind the French arrest of...

Published 27 Aug, 2024 11:28am

Europe

Ukraine downs about 15 drones, several missiles near Kyiv, authorities say

KYIV: Ukrainian air defences shot down about 15 drones and several missiles near Kyiv during Russia’s overnight...

Published 27 Aug, 2024 11:25am

Europe

New mpox strain is changing fast; African scientists are ‘working blindly’ to respond

LONDON/CHICAGO: Scientists studying the new mpox strain that has spread out of Democratic Republic of Congo say the...

Published 27 Aug, 2024 11:19am

Sports

Suryakumar Yadav ready to do the hard yards to reclaim India Test spot

NEW DELHI: India’s Twenty20 captain Suryakumar Yadav hopes a stint in first class cricket will improve his chances...

Published 27 Aug, 2024 11:07am

Mutual Funds

India bond yields drift higher ahead of state debt supply

MUMBAI: Indian government bond yields edged higher early in the session on Tuesday, as traders braced for...

Published 27 Aug, 2024 10:55am

Forex

Indian rupee to wrestle with weak Asian leads, jump in oil prices

MUMBAI: The Indian rupee is expected to largely struggle on Tuesday amid a decline Asian currencies, weak risk...

Published 27 Aug, 2024 10:53am

Asia

Malaysia charges ex-PM Muhyiddin with sedition over alleged remarks on royalty, lawyer says

GUA MUSANG: Malaysia has charged opposition leader and former Prime Minister Muhyiddin Yassin with sedition for...

Published 27 Aug, 2024 10:48am

Stocks

Asian stocks slide as geopolitical worries sap confidence

SINGAPORE: Asian stocks fell on Tuesday as investors pondered looming US interest rate cuts and awaited earnings...

Published 27 Aug, 2024 10:43am

Commodities

Corn ticks up on bargain-buying but stays close to four-year low

SINGAPORE: Chicago corn futures were largely unchanged on Tuesday, with the market trading near previous session’s...

Published 27 Aug, 2024 10:40am

Sports

Burel bageled but fights back to beat former champion Stephens

NEW YORK: France’s Clara Burel fought back from being bageled in the first set to defeat 2017 champion Sloane...

Published 27 Aug, 2024 10:38am

Forex

Australian dollar rally pauses ahead of inflation data

SYDNEY: The Australian dollar paused its rally on Tuesday ahead of domestic inflation data that is shaping up to be...

Published 27 Aug, 2024 10:35am

Sports

Tiafoe beats fellow American Kovacevic at US Open

NEW YORK: Frances Tiafoe held off fellow American Aleksandar Kovacevic to come away with a 6-4 6-3 4-6 7-5 win in...

Published 27 Aug, 2024 10:30am

Stocks

Japan’s Nikkei slips as tech losses weigh; softer yen buoys exports

TOKYO: Japan’s Nikkei share average dipped in morning trade on Tuesday, as domestic technology shares followed...

Published 27 Aug, 2024 10:26am

Stocks

Australian shares rise as BHP Group, Woodside Energy shine on upbeat earnings

Australian shares advanced on Tuesday, led by mining and energy stocks after sector majors BHP Group and Woodside...

Published 27 Aug, 2024 10:25am

Stocks

Indian shares likely to open little changed

BENGALURU: Indian shares are likely to open little changed on Tuesday with traders expecting profit booking as the...

Published 27 Aug, 2024 10:23am

Forex

Currencies tread water as Middle East risks temper rate cut optimism

SINGAPORE: The dollar edged higher on Tuesday and major currencies traded sideways as lingering concerns over...

Published 27 Aug, 2024 10:10am

Tax collection optimisation goal in focus

The steering committee meeting of the Pakistan Raises Revenue Program explores innovative approaches to enhance efficiency of tax collection mechanisms

Updated 27 Aug, 2024 09:19am

Discos and KE: Rs1.90 per unit QTA for Q4FY24 approved

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday accorded approval to Quarterly Tariff...

Updated 27 Aug, 2024 09:16am

FPA, QTA determination: SC asks Nepra to hold its meeting on Sep 5

ISLAMABAD: The Supreme Court has asked the National Electric Power Regulatory Authority (Nepra) to hold its meeting...

Updated 27 Aug, 2024 09:15am

Service life of BQPS-I units: PSA opposes KE’s extension plea

ISLAMABAD: The Pakistan Solar Association (PSA) has opposed extension in operational life of Units 1 and 2 at the...

Updated 27 Aug, 2024 09:14am

Pakistan

Rs33.5bn incurred on Feb 8 elections: ECP

ISLAMABAD: As much as 33.5 billion rupees were incurred on the controversial February 8 general elections that saw...

Updated 27 Aug, 2024 09:10am

Finnish financier apprised of Pakistan’s potential investment scope

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with Antti Partanen,...

Updated 27 Aug, 2024 08:57am

Choice posting: FBR chairman takes action against officer

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood has taken disciplinary action against a BS-18...

Updated 27 Aug, 2024 08:55am

Govt tells NA: Senior most SC judge appointed as CJP

ISLAMABAD: As speculations of a possible tenure extension to the incumbent Chief Justice of Pakistan Qazi Faez Isa...

Updated 27 Aug, 2024 08:49am

BR’s refresher: your morning briefing for the day

Important updates from August 26, 2024

Published 27 Aug, 2024 08:40am

Pakistan

Food security: NA panel reaffirms support for GPI

ISLAMABAD: The Standing Committee on National Food Security and Research reaffirmed its commitment on Monday to work...

Published 27 Aug, 2024 08:07am

Pakistan

KE takes action against illegal hydrants, water mafia

KARACHI: In a continued effort to combat electricity theft and safeguard its network, K-Electric, in collaboration...

Updated 27 Aug, 2024 08:05am

Pakistan

Money laundering case: Moonis, others’ NICs blocked, passports placed on control list

LAHORE: The NIC of Moonis Elahi, the PTI leader and son of the former Punjab Chief Minister has been blocked, a...

Published 27 Aug, 2024 08:04am

Pakistan

Speakers say Pakistan can act as bridge between US, China

LAHORE: Speakers at a seminar highlighted the role Pakistan can play in bringing together the United States and ...

Published 27 Aug, 2024 08:01am

Pakistan

Physical remand of Orya extended

LAHORE: A judicial magistrate on Monday extended physical remand of anchorperson Orya Maqbool Jan for further four...

Published 27 Aug, 2024 07:59am

Industry

Iranian CG visits LCCI

LAHORE: A high-powered Iranian delegation, led by Consul General of Iran Mehran Movahedfar, visited the Lahore...

Published 27 Aug, 2024 07:57am

Companies

HBL H1’24 PBT rises to Rs57.8bn, an increase of 12pc YoY

KARACHI: HBL on Monday declared a consolidated profit before tax of Rs 57.8 billion for the first half of 2024, 12...

Published 27 Aug, 2024 07:54am

Europe

Russia fires huge missile, drone salvo at Ukraine’s power grid

• ‘High precision’ weapons used in attack

Published 27 Aug, 2024 07:51am

World

Media groups urge EU to suspend treaty, impose sanctions on Israel

PARIS: Some 60 media and rights organisations on Monday urged the European Union to suspend a co-operation accord...

Published 27 Aug, 2024 07:43am

Middle East

Israel strikes Gaza after Lebanon flare-up

GAZA STRIP (Palestinian Territories): Israel’s military struck the Gaza Strip on Monday a day after truce talks in...

Published 27 Aug, 2024 07:39am

Middle East

Iran praises Hezbollah attack on Israel

TEHRAN: Iran on Monday praised the drone and missile assault by Lebanon’s Hezbollah group on Israel, saying its...

Published 27 Aug, 2024 07:36am

Asia

Kim unveils new North Korea ‘suicide drones’

SEOUL: North Korea has unveiled a new “suicide drone”, state media said Monday, with leader Kim Jong Un...

Published 27 Aug, 2024 07:31am

Industry

BMP, PIAF announce support to planned shutter-down strike

LAHORE: Warning the government of a countrywide shutter-down strike, the Federation of Pakistan Chambers of ...

Published 27 Aug, 2024 07:26am

BR Research

HBL banks on investment

Pakistan’s largest commercial bank, HBL continued its merry way of raking in another quarter of stellar profits,...

Published 27 Aug, 2024 06:55am

Opinion

PARTLY FACETIOUS: The steady deterioration of our cricket team’s performance

“Didn’t anyone tell The Brown Pope that the security threat in Islamabad’s Blue Area has weakened considerably?”...

Published 27 Aug, 2024 06:44am

Opinion

The Bangladesh conundrum

Many people are rejoicing over the exit of Sheikh Hasina, the daughter of Banglabandhu and founder of Bangladesh...

Published 27 Aug, 2024 06:44am

BR Research

Hub powering forward

Hub Power Company Limited (PSX: HUBC) delivered a strong financial performance in FY24, with significant growth in...

Published 27 Aug, 2024 06:52am

Industry

Business community expecting higher cuts in key policy rate: FPCCI

KARACHI: Atif Ikram Sheikh, President FPCCI, has said that the policy rate cuts announced over the last two monetary...

Published 27 Aug, 2024 06:44am

BR Research

Crescent Fibres Limited

Crescent Fibres Limited (PSX: CFL) was incorporated in Pakistan as a public limited company in 1977. The company is...

Published 27 Aug, 2024 06:45am

Business & Finance

Payment of Annual Fees: SECP asks registered Pension Fund Managers to follow new timelines

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed all registered Pension Fund...

Published 27 Aug, 2024 06:44am

Pakistan

The Weather

KARACHI: The weather report on Monday (August 26, 2024) and the forecast for Tuesday (August 26, 2024)...

Published 27 Aug, 2024 06:44am

Europe

Macron says no political motive behind Telegram CEO’s arrest

PARIS: Pavel Durov, the Russian-born founder of messaging app Telegram, was arrested in France as part of an ongoing...

Published 27 Aug, 2024 06:44am

Pakistan

SHC issues notice to tractor- manufacturing company

ISLAMABAD: Sindh High Court (SHC) has issued a notice to a leading tractor manufacturer, who allegedly failed to...

Published 27 Aug, 2024 06:44am

Technology

Phishing attacks: Google, Facebook, Amazon most frequently targeted brands: Kaspersky

ISLAMABAD: Google, Facebook, and Amazon are the most frequently targeted brands when it comes to phishing attacks,...

Published 27 Aug, 2024 06:44am

Pakistan

NTU team receives Engineering Excellence Award

FAISALABAD: Dr. Yasir Nawab and his team from the National Textile University have been awarded First Place at the...

Published 27 Aug, 2024 06:44am

Pakistan

Red Zone sealed as USC employees protest

ISLAMABAD: The law enforcement agencies, on Monday, put security on high alert in the city and sealed the Red Zone ...

Published 27 Aug, 2024 06:44am

Pakistan

Meezan Bank honours Arshad’s Olympic feat

KARACHI: Arshad Nadeem, Pakistan’s star athlete and Olympic gold medalist in men’s javelin throw, was celebrated...

Published 27 Aug, 2024 06:44am

Pakistan

Principal of St Patrick’s School organises Sabeel on Chehlum

KARACHI: In a remarkable display of interfaith harmony and compassion, Father Mario, a respected Christian leader,...

Published 27 Aug, 2024 06:44am

Pakistan

Rotary Club honours FAST Cables

LAHORE: The Rotary Club of Lahore Corporate recently hosted a significant meeting, welcoming Kamaal Mian, Managing...

Published 27 Aug, 2024 06:44am

Pakistan

Book on advertising ‘Executive Doodles’ launched by Ahmed Kapadia

KARACHI: After 77 years of the existence of Pakistan’s advertising and marketing industry, the first book of its...

Published 27 Aug, 2024 06:44am

Pakistan

Zardari condoles with Rana Tanveer

ISLAMABAD: President Asif Ali Zardari, on Monday, expressed his condolence on the death of Rana Afzal Hussain, elder...

Published 27 Aug, 2024 06:44am

Pakistan

Chehlum observed amid tight security

KARACHI: The city remained widely deserted as mourners observed the Chehlum of Hazrat Imam Hussain (RA) amid tight...

Published 27 Aug, 2024 06:44am

Pakistan

Voice, data services suspended partially

ISLAMABAD: Pakistan Telecommunication Authority (PTA) suspended voice and data services in some parts of the country...

Published 27 Aug, 2024 06:44am

Pakistan

Several districts of Sindh set to receive heavy rains

KARACHI: Several districts of Sindh are set to receive heavy rains and winds throughout the week, as the Met Office...

Published 27 Aug, 2024 06:44am

Pakistan

PM condemns terrorist attack in Kalat

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday strongly condemned a terrorist attack in Kalat killing police and...

Published 27 Aug, 2024 06:44am

Pakistan

SC asks ECP to accept affiliation of PTI returned candidates

ISLAMABAD: The Supreme Court has been asked to direct the Election Commission of Pakistan (ECP) to accept the...

Published 27 Aug, 2024 06:44am

Pakistan

Single allegation: Multiple FIRs against Arshad Sharif, other journalists not valid: IHC

ISLAMABAD: The Islamabad High Court (IHC) declared that multiple FIRs against Arshad Sharif and other journalists...

Published 27 Aug, 2024 06:44am

Pakistan

Stronger policy steps sought to integrate rehabilitation services

ISLAMABAD: Speakers at a seminar while emphasising the importance of integrating rehabilitation services across all...

Published 27 Aug, 2024 06:44am

Pakistan

2nd Specialized Training Course: 13 PAS officers visit CCP to understand its role

ISLAMABAD: A delegation of thirteen officers from the 2nd Specialized Training Course (STC) of the Pakistan...

Published 27 Aug, 2024 06:44am

Pakistan

Bilawal condemns attack on innocent citizens

ISLAMABAD: Chairman Pakistan Peoples’ Party, Bilawal Bhutto Zardari has strongly condemned the killing of innocent...

Published 27 Aug, 2024 06:44am

Pakistan

Citizens can get maps approved online by LDA: CM

LAHORE: Punjab Chief Minister Maryam Nawaz on Monday said that citizens can get their residential maps approved by...

Published 27 Aug, 2024 06:44am

Pakistan

DARE-RC initiates research grant cycle

KARACHI: Data and Research in Education - Research Consortium (DARE-RC) has marked the beginning of its first...

Published 27 Aug, 2024 06:44am

Pakistan

CM satisfied over Urs security: ‘Data Ganj Baksh spread message of love, peace, tolerance’

LAHORE: “Hazrat Data Ganj Baksh spread the message of love, respect, peace and tolerance,” said Chief Minister...

Published 27 Aug, 2024 06:44am

Pakistan

FS to represent Pakistan at CFM session in Cameroon

ISLAMABAD: Foreign Secretary Muhammad Syrus Sajjad Qazi will lead the Pakistan delegation at the 50th Session of...

Published 27 Aug, 2024 06:44am

Technology

Phishing attacks: Google, Facebook, Amazon most frequently targeted brands: Kaspersky

ISLAMABAD: Google, Facebook, and Amazon are the most frequently targeted brands when it comes to phishing attacks,...

Published 27 Aug, 2024 06:44am

Pakistan

Man accused over British riots released: lawyer

LAHORE: A judicial magistrate Monday discharged suspect Farhan Asif from the charges of spreading disinformation...

Published 27 Aug, 2024 06:44am

Pakistan

Musakhail incident: NA Speaker expresses profound grief and sorrow

ISLAMABAD: Speaker of the National Assembly Sardar Ayaz Sadiq has expressed profound grief and sorrow over the loss...

Published 27 Aug, 2024 06:44am

Sports

PCB unveils five ‘Champions Cup’ team mentors

LAHORE: Misbah-ul-Haq, Saqlain Mushtaq, Sarfaraz Ahmed, Shoaib Malik and Waqar Younis were on Monday confirmed as...

Published 27 Aug, 2024 06:44am

Pakistan

PDWP approves 3 uplift schemes worth Rs11bn

LAHORE: The Punjab government has approved three development schemes worth Rs 11 billion on Monday. In this regard, ...

Published 27 Aug, 2024 06:44am

Pakistan

PTI leader begging for ‘NRO’, says Kundi

PESHAWAR: Governor Khyber Pakhtunkhwa Faisal Karim Kundi has claimed that the leader of Pakistan Tehreek-e-Insaf...

Published 27 Aug, 2024 06:44am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (August 22, 2024). ==================================== BR...

Published 27 Aug, 2024 06:44am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 22, 2024)....

Published 27 Aug, 2024 06:44am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (August 22, 2024)....

Published 27 Aug, 2024 06:44am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (August 22, 2024). ======================== Open Bid...

Published 27 Aug, 2024 06:44am

Forex

Open market rates of foreign currencies

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

Published 27 Aug, 2024 06:44am

Rates

LME official prices

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

Published 27 Aug, 2024 06:44am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 84,914 tonnes of cargo comprising 61,674 tonnes of import cargo and 23,240...

Published 27 Aug, 2024 06:44am

Energy

US natural gas prices slip

NEW YORK: US natural gas futures fell about 2% to a three-week low on Monday on forecasts for lower demand next week...

Published 27 Aug, 2024 06:44am

Stocks

Nikkei ends lower as stronger yen weighs on exporters

TOKYO: Japan’s Nikkei share average declined on Monday after two straight sessions of gains, as exporters’...

Published 27 Aug, 2024 06:44am

Stocks

China shares end largely flat; HK rises

SHANGHAI: Mainland China stocks ended largely flat on Monday, while Hong Kong tracked gains in most regional peers...

Published 27 Aug, 2024 06:44am

Stocks

Chip stocks slip, keeping European shares muted ahead of data-heavy week

PARIS: European shares were broadly flat in quiet trading on Monday, with semiconductor stocks leading the ...

Published 27 Aug, 2024 06:44am

Stocks

S&P 500, Nasdaq droop as tech stocks weigh

NEW YORK: The S&P 500 and the Nasdaq dropped in choppy trading on Monday, weighed by AI-favorite Nvidia ahead of...

Published 27 Aug, 2024 06:44am

Letters

The ordeal of food riders amid internet disruptions

The recent wave of internet disruptions across Pakistan has brought to light the plight of a largely unacknowledged...

Published 27 Aug, 2024 06:44am

Opinion

How renewable energy can save the planet

Last week, Pakistan witnessed a significant milestone in its energy transition as the Chinese electric vehicle (EV)...

Published 27 Aug, 2024 06:44am

Opinion

Social sector spending

The Federal Ministry of Finance has released the estimates of poverty-related expenditures for 2022-23. Thanks are...

Published 27 Aug, 2024 06:44am

Energy

IESCO’s Rs14 per unit relief for domestic consumers

ISLAMABAD: As per the decision of the Punjab Government, IESCO's domestic consumers who used between 201 and 500...

Published 27 Aug, 2024 06:44am

Pakistan

Punjab govt to amend rules for Dastak programme

LAHORE: The Punjab government has decided to amend rules of relevant departments for provision of services in an...

Published 27 Aug, 2024 06:44am

Pakistan

Relief on power bills starts under CM’s leadership: minister

LAHORE: Information Minister Punjab Azma Bokhari has announced that relief on electricity bills has started under ...

Published 27 Aug, 2024 06:44am

Pakistan

IK says has no contact with ‘establishment’

ISLAMABAD: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan, on Monday,...

Published 27 Aug, 2024 06:44am

Pakistan

Heavy to very heavy rains forecast for Punjab, KP

ISLAMABAD: The National Disaster Management Authority (NDMA) has issued a warning of heavy to very heavy rains in...

Published 27 Aug, 2024 06:44am

Pakistan

Two militaries decide to step up cooperation

ISLAMABAD: During a meeting at the General Headquarters in Rawalpindi, Commander of the People’s Liberation Army...

Published 27 Aug, 2024 06:44am

Pakistan

Balochistan rocked by violence

QUETTA: At least 73 people were killed in Balochistan when militants attacked police stations, railway lines and...

Published 27 Aug, 2024 06:44am

Pakistan

4 dead, 18 injured in Razmak blast

PESHAWAR: Four people were killed and 18 others injured in an explosion at the crowded Razmak Tehsil Bazaar in North...

Published 27 Aug, 2024 06:44am

Rates

PSX drifts lower

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

Published 27 Aug, 2024 06:44am

Cotton & Textile

Cotton market: Spot rate unchanged amid low trade

LAHORE: The local cotton market on Monday remained tight and the trading volume remained a little bit low. Cotton...

Published 27 Aug, 2024 06:44am

Commodities

Iron ore rises on softer dollar, demand hopes

BEIJING: Iron ore futures prices rebounded on Monday to hit their highest in nearly two weeks, supported by a softer...

Published 27 Aug, 2024 06:44am

Commodities

Shanghai copper gains on US rate cut hopes

HANOI: Copper prices in Shanghai climbed to their highest in more than three weeks on Monday, supported by a rebound...

Published 27 Aug, 2024 06:44am

Commodities

Japanese rubber futures climb

SINGAPORE: Japanese rubber futures rallied for a fifth session on Monday, touching a more than two-month high, as...

Published 27 Aug, 2024 06:44am

Commodities

Soybeans, corn drop on forecast of bumper US crops

SINGAPORE: Chicago soybeans slid 1% on Monday and corn fell to its lowest level in four years after a widely tracked...

Published 27 Aug, 2024 06:44am

Commodities

South Africa’s top gold miner sees profit surge as prices rally

SOUTH AFRICA: Harmony Gold, South Africa’s biggest gold producer by volume, said on Monday its profit probably...

Published 27 Aug, 2024 06:44am

Commodities

Gold nears record high on geopolitical risks

BENGALURU: Gold prices firmed on Monday, nearing its recent record high, amid solid bets of a September ...

Published 27 Aug, 2024 06:44am

Commodities

Malaysian palm oil futures up

SINGAPORE: Malaysian palm oil futures climbed for the fourth consecutive day on Monday to close at their highest in...

Published 27 Aug, 2024 06:44am

Commodities

Russian wheat export prices fall again

MOSCOW: Russian wheat export prices have fallen further amid declining demand from exporters, analysts said on...

Published 27 Aug, 2024 06:44am

Energy

LESCO Safety Directorate identifies safety violations

LAHORE: The Safety Directorate of Lahore Electric Supply Company (LESCO) has inspected 51 sites in the past month,...

Published 27 Aug, 2024 06:44am

Taxes

Sales tax returns: KTBA seeks e-filing deadline extension

KARACHI: Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the date of...

Published 27 Aug, 2024 06:44am

Money & Banking

Asian currencies: Indonesia rupiah touches near 1-yr high

BENGALURU: Indonesian equities hit a record high while most emerging Asian assets rallied on Monday, aided by...

Published 27 Aug, 2024 06:44am

Money & Banking

Safe-haven yen, US dollar gain on rising ME tension

NEW YORK: The Japanese yen rose to a three-week high against the US dollar on Monday, while the greenback rallied...

Published 27 Aug, 2024 06:44am

Money & Banking

China’s yuan hovers near 3-week high

SHANGHAI: China’s yuan hovered near a three-week high against the dollar on Monday, underpinned by broad greenback...

Published 27 Aug, 2024 06:44am

Money & Banking

Indian rupee ends flat

MUMBAI: The Indian rupee closed nearly flat on Monday, as dollar demand from importers and foreign banks offset ...

Published 27 Aug, 2024 06:44am

Money & Banking

Bangladesh operations: BAFL receives non-binding offer from HBN

KARACHI: Bank Alfalah Limited has received a non-binding offer from Hatton National Bank (HNB) of Sri Lanka to...

Published 27 Aug, 2024 06:44am

Business & Finance

Pharmaceuticals & Chemical Sectors: Jam chairs sectoral council meetings at TDAP headquarters

KARACHI: Two separate sectoral councils meetings on pharmaceuticals and chemical sectors were organised at TDAP HQ....

Published 27 Aug, 2024 06:44am

Industry

APTMA, German importers agree to boost bilateral trade expansion

LAHORE: The All Pakistan Textile Mills Association (APTMA) and a visiting delegation of German importers have agreed...

Published 27 Aug, 2024 06:44am

Business & Finance

Jam to attend ‘Pak-Azerbaijan Business Forum’ in Baku

ISLAMABAD: The Pak-Azerbaijan Business Forum, scheduled for September 16 in Baku, will be led by Federal Minister ...

Published 27 Aug, 2024 06:44am

Editorials

The scourge of girl-child marriages

EDITORIAL: A recent press report about alarming rise in girl-child marriages in exchange for money in villages of...

Published 27 Aug, 2024 06:44am

Editorials

Astute judgement

EDITORIAL: No doubt the Supreme Court tried to end the controversy surrounding the Mubarak Sani case, expunging...

Published 27 Aug, 2024 06:44am

Editorials

Taxing traders – same old story

EDITORIAL: The same old story plays out every time FBR (Federal Board of Revenue) gets serious about taxing traders....

Published 27 Aug, 2024 06:44am

Industry

Honorary CG Malawi visits KCCI

KARACHI: Honorary Consul General of Republic of Malawi Abdullah Zaki has advised the business community of Karachi ...

Published 27 Aug, 2024 06:44am

Companies

SPL announces financial results for H1 24

KARACHI: The Board of Directors of Shell Pakistan Limited (SPL) announced half year results for the company. The...

Published 27 Aug, 2024 06:44am

Technology

Telecom operators begin comprehensive cybersecurity audit

ISLAMABAD: Telecom operators have started a comprehensive cybersecurity audit aimed at ensuring the security of the...

Published 27 Aug, 2024 06:44am

Companies

Posted Rs75bn loss in 2023: PIACL liabilities rise to Rs825bn with Rs161bn assets

ISLAMABAD: Pakistan International Airlines Company Limited (PIACL) made a loss of Rs75 billion approximately during...

Published 27 Aug, 2024 06:44am

Energy

Oil climbs 3pc as Libya output cuts further supply concerns

HOUSTON: Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from...

Published 27 Aug, 2024 06:44am

Perspectives

Wind power in Pakistan: how a promising renewable energy source fell out of favour

Pakistan’s journey with wind power, once seen as a key element in the country’s renewable energy landscape, has...

Published 27 Aug, 2024 12:04am

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 12	159.43
USD to Swiss Franc / Aug 12	0.81
Pound Sterling to USD / Aug 12	1.35
Euro to USD / Aug 12	1.15
SOFR % / Aug 11	3.62

Stock	Volume
S&P 500 / Aug 11	7,728.20
Nasdaq / Aug 11	26,445.45
Dow Jones / Aug 11	53,791.85
India Sensex / Aug 12	77,569.33
Tokyo Nikkei / Aug 12	66,996.61
Hang Seng / Aug 12	25,361.63
FTSE 100 / Aug 12	10,827.40
Germany DAX 30 / Aug 12	26,432.21
France CAC40 / Aug 12	8,692.79

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 11	394,149
Petrol/Litre / Aug 12	325.92
Crude Oil USD/Barrel / Aug 12	83.83
Gold Spot USD/Ounce / Aug 12	4,393.16
Diesel/Litre / Aug 12	382.25
Cotton US¢/pound / Aug 12	84.37

Gainers
Losers
Leaders

Stock	Price
Paramount Spinning / Aug 12 Paramount Spinning Mills Limited(PASM)	12.39 ▲ 1.13 (10.04%)
Ashfaq Textile / Aug 12 Ashfaq Textile Mills Limited(ASHT)	44.84 ▲ 4.08 (10.01%)
Cordoba Logistics / Aug 12 Cordoba Logistics & Ventures Limited(CLVL)	22.96 ▲ 2.09 (10.01%)
Al-Khair Gadoon / Aug 12 Al-Khair Gadoon Limited(AKGL)	72.28 ▲ 6.57 (10%)
Aisha Steel (CPS) / Aug 12 Aisha Steel Mills Limited (CPS)(ASLCPS)	104.39 ▲ 9.49 (10%)
Asim Textile / Aug 12 Asim Textile Mills Limited(ASTM)	82.27 ▲ 7.48 (10%)
Buxly Paints / Aug 12 Buxly Paints Limited(BUXL)	305.49 ▲ 27.77 (10%)
Fecto Cement / Aug 12 Fecto Cement Limited(FECTC)	122.41 ▲ 11.13 (10%)
J.A.Textile / Aug 12 J.A. Textile Mills Limited(JATM)	62.58 ▲ 5.69 (10%)
Ruby Textile / Aug 12 Ruby Textile Mills Limited(RUBY)	25.51 ▲ 2.32 (10%)

Stock	Price
Pak Gen.Ins. / Aug 12 The Pakistan General Insurance Co. Ltd.(PKGI)	23.82 ▼ -2.65 (-10.01%)
D.S. Ind. Ltd. / Aug 12 D.S. Industries Limited(DSIL)	15.07 ▼ -1.67 (-9.98%)
First Tri-Star Mod. / Aug 12 First Tri-Star Modaraba(FTSM)	49.29 ▼ -5.39 (-9.86%)
Jubilee Spinning / Aug 12 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	50.79 ▼ -3.6 (-6.62%)
Din Tex. / Aug 12 Din Textile Mills Limited(DINT)	63.59 ▼ -4.4 (-6.47%)
Sindh Abadgar / Aug 12 Sindh Abadgar's Sugar Mills Limited(SASML)	362 ▼ -24.07 (-6.23%)
Elahi Cotton / Aug 12 Elahi Cotton Mills Limited(ELCM)	233.96 ▼ -12.98 (-5.26%)
Saritow Spinning / Aug 12 Saritow Spinning Mills Limited(SSML)	24.98 ▼ -1.36 (-5.16%)
Aisha Steel(ConPS) / Aug 12 Aisha Steel(ConPS)(ASLPS)	26.73 ▼ -1.33 (-4.74%)
IbrahimFibres / Aug 12 Ibrahim Fibres Limited(IBFL)	274.91 ▼ -13.65 (-4.73%)

Stock	Volume
Cnergyico PK / Aug 12 Cnergyico PK Limited(CNERGY)	67,754,373 ▲ 0.27
D.S. Ind. Ltd. / Aug 12 D.S. Industries Limited(DSIL)	67,531,272 ▼ -1.67
Hascol Petrol / Aug 12 Hascol Petroleum Limited(HASCOL)	47,270,202 ▲ 0.14
WorldCall Telecom / Aug 12 Worldcall Telecom Limited(WTL)	31,081,052 ▼ -0.03
Trust Sec.& Brok. / Aug 12 Trust Securities & Brokerage Limited(TSBL)	27,947,995 ▲ 0.13
Siddiqsons Tin / Aug 12 Siddiqsons Tin Plate Limited(STPL)	25,565,990 ▼ -0.2
Thatta Cement / Aug 12 Thatta Cement Company Limited(THCCL)	24,972,760 ▲ 3.09
Cres.Star Ins. / Aug 12 Crescent Star Insurance Limited(CSIL)	20,798,571 ▲ 0.31
Unity Foods Ltd / Aug 12 Unity Foods Limited(UNITY)	20,640,954 ▼ -0.33
B.O.Punjab / Aug 12 The Bank of Punjab(BOP)	18,147,542 ▲ 0.29