News Archives for Latest - 2024-09-20

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Archive - 2024-09-20

Technology

TRG Pakistan says indirect portfolio company Afiniti has agreed ‘comprehensive restructuring plan’

TRG Pakistan, being a shareholder in The Resource Group International (TRGI), announced on Friday that its indirect...

Updated 16 Jan, 2026 01:16pm

Pakistan

Lahore administration permits PTI to hold rally in Lahore at different venue

The Lahore administration has permitted Pakistan Tehreek-e-Insaf (PTI) to hold a rally in the provincial capital’s...

Published 20 Sep, 2024 11:49pm

World

Biden says ‘working’ to get people back to homes on Israel-Lebanon border

WASHINGTON: US President Joe Biden said Friday he was working to allow people to return to their homes on the...

Published 20 Sep, 2024 11:30pm

South Asia

At least four dead as Bangladesh troops open fire amid ethnic clash

DHAKA: The Bangladeshi military said Friday troops opened fire after being shot at by a tribal group during ethnic...

Published 20 Sep, 2024 11:08pm

Markets

FBR’s digitisation, improved enforcement vital for economic reforms: PM Shehbaz

Enhanced tax receipts will upgrade service delivery, social sector, prime minister says

Updated 20 Sep, 2024 10:48pm

Pakistan

12 terrorists killed in North, South Waziristan encounters: ISPR

Six soldiers also martyred during exchange of fire

Updated 20 Sep, 2024 10:47pm

Markets

Domestic borrowing: govt to borrow on its own terms, says Aurangzeb

Finance minister urges banking system to focus on lending to private sector

Updated 20 Sep, 2024 10:46pm

Middle East

At least 8 dead, 59 wounded in Israeli strike in Beirut

BEIRUT: Lebanon’s health ministry on Friday said an Israeli strike on southern Beirut killed at least eight people,...

Updated 20 Sep, 2024 10:34pm

Stocks

Hacker uses Telegram chatbots to leak data of top Indian insurer Star Health

WASHINGTON/BENGALURU: Stolen customer data including medical reports from India’s biggest health insurer, Star...

Published 20 Sep, 2024 10:25pm

Stocks

KSE-100 gains another 615 points, closes at record high

Bulls continued to make further inroads at the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 Index, led by...

Updated 20 Sep, 2024 10:18pm

Industry

FFBL board approves merger with Fauji Fertilizer

The Board of Directors of Fauji Fertilizer Bin Qasim Limited (FFBL) has given its in-principle approval to merge...

Updated 20 Sep, 2024 10:17pm

Pakistan

President Zardari signs SC (Practice and Procedure) Amendment Ordinance 2024

President Asif Ali Zardari on Friday signed off the Supreme Court (Practice and Procedure) Amendment Ordinance 2024...

Updated 20 Sep, 2024 10:16pm

Energy

Oil prices set to end week higher after US rate cut

Oil prices eased on Friday but were on track to register gains for a second straight week following a large cut in...

Updated 20 Sep, 2024 09:45pm

Business & Finance

Chinese investment company to set up textile parks in Pakistan

ISLAMABAD: Chinese investment company RUYI will set up textile parks in Pakistan and will invite around 100 Chinese...

Published 20 Sep, 2024 09:25pm

Stocks

FTSE 100 drops over 1% on strong retail sales, rising pound pressure

The UK’s benchmark FTSE 100 stock index slipped on Friday, registering weekly declines, after hotter-than-expected...

Published 20 Sep, 2024 09:18pm

Forex

Rupee gains further ground against US dollar

Currency settles at 277.84 against greenback in inter-bank market

Updated 20 Sep, 2024 09:16pm

Middle East

Hezbollah handed out pagers hours before blasts - even after checks

BEIRUT: Lebanon’s Hezbollah was still handing its members new Gold Apollo branded pagers hours before thousands blew...

Published 20 Sep, 2024 08:22pm

Commodities

Gold breaks $2,600 barrier as Fed cut bets prolong historic run

Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S....

Published 20 Sep, 2024 07:58pm

Stocks

US stocks tick lower after rate cut related surge

NEW YORK: US stocks opened slightly lower on Friday, edging off of Thursday’s highs as traders took a break...

Published 20 Sep, 2024 07:13pm

Middle East

Israel says submits challenge to ICC arrest warrant request for Netanyahu

OCCUPIED JERUSALEM: Israel said on Friday it had submitted an “official challenge” to a request from the...

Published 20 Sep, 2024 06:48pm

Technology

Starting from AED4,299: Apple craze in Dubai as iPhone 16 goes on sale

Crowds gathered in huge numbers at malls in Dubai, social media footage showed, as the Apple iPhone 16 lineup...

Updated 20 Sep, 2024 06:42pm

Sports

India in box seat after Bumrah takes four against Bangladesh

CHENNAI: India took command of the first Test against Bangladesh, extending their lead to 308 after fast bowler...

Updated 20 Sep, 2024 06:39pm

Sports

Sri Lanka lead by 202 in first New Zealand Test

GALLE: Dinesh Chandimal and Dimuth Karunaratne forged a 147-run partnership to propel hosts Sri Lanka to a lead of...

Updated 20 Sep, 2024 06:37pm

Middle East

Iran summons Afghan envoy for ‘disrespecting’ anthem

TEHRAN: Iran summoned the acting head of Afghanistan’s embassy Friday after saying a visiting Afghan official...

Published 20 Sep, 2024 06:31pm

Sports

PCB announces revised schedule for England Test series

Pakistan Cricket Board (PCB) on Friday announced the revised schedule for the three-match Test series between...

Published 20 Sep, 2024 05:21pm

South Asia

India warns Maoist rebels to surrender or face ‘all-out’ assault

NEW DELHI: Maoist rebels holding out in the jungles of central India should surrender or face an “all-out” assault,...

Published 20 Sep, 2024 05:18pm

Europe

Zelensky says hopes Biden will support his plan to end war with Russia

KYIV: Ukrainian leader Volodymyr Zelensky said Friday he hopes US President Joe Biden will support his plan to end...

Published 20 Sep, 2024 05:11pm

Europe

Media reports put Russian military death toll at 70,000

WARSAW: The BBC and the independent Russian news site Mediazona said on Friday they had documented the deaths of...

Published 20 Sep, 2024 05:08pm

Companies

Pakistan’s Citi Pharma commences nutraceutical exports to US

Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, has commenced exports of nutraceuticals to the...

Updated 20 Sep, 2024 04:54pm

Technology

TPL Corp, Abhi enter into SPA to acquire FINCA Microfinance Bank

In a major expansion move, TPL Corp Limited (TPL), a Pakistani financial platform, and Abhi (Private) Limited (Abhi)...

Updated 20 Sep, 2024 04:51pm

Commodities

New record: gold price hits Rs272,000 per tola in Pakistan

Gold prices in Pakistan maintained their upward momentum on Friday in line with their increase in international...

Published 20 Sep, 2024 04:47pm

South Asia

‘No work, no pay,’ Samsung warns striking Indian workers as row escalates

CHENNAI: Samsung Electronics has warned its striking workers in southern India they will not receive wages if they...

Published 20 Sep, 2024 03:49pm

Middle East

Footage shows Israeli soldier pushing body off roof in West Bank raid

QABATIYAH: Footage of an Israeli raid in the occupied West Bank showed a soldier pushing an apparently dead man off...

Updated 20 Sep, 2024 03:45pm

Luxury

Harrods apologises for sex abuse allegations against former owner Mohamed Al Fayed

LONDON: High-end London department store Harrods has apologised over allegations its former owner, Egyptian...

Published 20 Sep, 2024 03:19pm

Europe

Russia excludes Lavrov-Blinken meeting at UN

MOSCOW: Russian Foreign Minister Sergei Lavrov will not meet his US counterpart Antony Blinken despite both...

Published 20 Sep, 2024 03:03pm

Moscow asks Islamabad to resist pressure from West

ISLAMABAD: Russia is said to have asked Islamabad to be bold like New Delhi and resist pressure from the West if it...

Updated 20 Sep, 2024 02:49pm

Basmati price: Pakistan’s rice export boom ends after India’s move

Pakistani rice exporters have also asked federal government to set a floor price or Minimum Export Price (MEP) at $ 900 per Metric Ton as rice exports will now be on the decline in days to come

Updated 20 Sep, 2024 02:49pm

Energy

PPL’s earnings jump 19%, clock in at Rs115.5bn in FY24

Pakistan Petroleum Limited (PPL) saw its profit-after-tax (PAT) jump nearly 19% to clock in at Rs115.48 billion for...

Published 20 Sep, 2024 02:45pm

Movies & Music

Kamala Harris joins Oprah Winfrey in emotional campaign event

FARMINGTON HILLS, Michigan: A star-studded virtual event hosted by Oprah Winfrey Thursday night to build enthusiasm...

Published 20 Sep, 2024 02:23pm

Stocks

China stocks set for rare weekly rise after Fed rate cut; HK shares jump

SHANGHAI: China stocks fell on Friday after benchmark lending rates were unexpectedly kept unchanged, but the main...

Published 20 Sep, 2024 02:14pm

Business & Finance

UK retail sales rise 1% in August

LONDON: British retail sales rose 1% in August, official figures showed on Friday. Economists polled by Reuters had...

Published 20 Sep, 2024 02:08pm

Business & Finance

Societe Generale to sell a majority stake in Guinean unit

French bank Societe Generale said on Friday it had reached a deal with Atlantic Financial Group for the sale of a...

Published 20 Sep, 2024 02:06pm

Asia

China, Japan reached agreement in August on Fukushima water discharge

BEIJING: China and Japan reached a consensus in August on the discharge of radioactive water from the Fukushima...

Published 20 Sep, 2024 02:05pm

South Asia

For Sri Lanka’s minority Tamils, election does not offer hope

JAFFNA: Scarred by a decades-long civil war and struggling to survive in Sri Lanka’s crippled economy, ethnic...

Published 20 Sep, 2024 01:54pm

Europe

US should listen to Moscow warnings on Ukraine, RIA cites Russian deputy foreign min saying

MOSCOW: The United States should take into account Moscow’s warnings on risks of further escalation around the...

Published 20 Sep, 2024 12:40pm

Commodities

Copper heads for weekly gain on Fed rate cut, China stimulus hope

BEIJING: Prices of copper rose for a third straight session and were set for a weekly gain as the demand outlook for...

Published 20 Sep, 2024 12:11pm

FY2025 to FY29: External debt maturity estimated to be over $100bn

Friendly countries to rollover $12.7 billion in the current fiscal year

Updated 20 Sep, 2024 12:08pm

Commodities

Palm rises on stronger rival oils; on track for weekly gain

KUALA LUMPUR: Malaysian palm oil futures rose for a third straight session and were set for a weekly gain on Friday,...

Published 20 Sep, 2024 12:07pm

Technology

Huawei’s $2,800 phone launch disappoints amid supply concerns

SHENZHEN: Huawei and Apple’s latest smartphones went on sale in China on Friday, with many fans of the Chinese tech...

Published 20 Sep, 2024 12:06pm

Commodities

Russian supply glut drags wheat down to weekly loss despite Friday bounce-back

CANBERRA: Chicago wheat futures rose on Friday after the International Grains Council (IGC) cut its global...

Published 20 Sep, 2024 12:02pm

Sports

Head’s ‘good night at office’ after century seals win over England

NOTTINGHAM: Travis Head said he had enjoyed a “good night at the office” after his career-best 154 not out sealed a...

Published 20 Sep, 2024 11:59am

Sports

Barca stumble at Monaco after early red card

MONACO: Barcelona fell to a 2-1 defeat at Monaco on Thursday in their Champions League opener, hindered by an early...

Published 20 Sep, 2024 11:55am

Sports

South Africa’s Buhai grabs LPGA Queen City lead

LOS ANGELES: Ashleigh Buhai carded eight birdies in a seven-under par 65 on Thursday to take a one-stroke lead in...

Published 20 Sep, 2024 11:51am

Sports

Graham Arnold quits after six years in charge of Australia

SYDNEY: Graham Arnold has quit as coach of the Socceroos, Football Australia said Friday, following a poor start to...

Published 20 Sep, 2024 11:46am

Business & Finance

Bank of Japan leaves key interest rate unchanged

TOKYO: The Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the...

Published 20 Sep, 2024 11:43am

Stocks

Asian markets track Wall Street record to extend global rally

HONG KONG: Asian markets built Friday on the latest global rally after a jumbo US interest rate cut this week, while...

Published 20 Sep, 2024 11:39am

Middle East

Israel pounds Lebanon as Hezbollah vows revenge for device blasts

BEIRUT: Israel said it struck hundreds of targets in Lebanon, hours after Hezbollah’s leader vowed to retaliate for...

Published 20 Sep, 2024 11:34am

Asia

Shanghai hit by second typhoon days after historic storm

SHANGHAI: Roads and neighbourhoods in Shanghai flooded on Friday as the Chinese megacity was battered by a second...

Published 20 Sep, 2024 11:24am

USA

Joe Biden opens home to ‘Quad’ leaders for farewell summit

WASHINGTON: US President Joe Biden will host the leaders of Australia, Japan and India at his Delaware home this...

Published 20 Sep, 2024 11:21am

Europe

EU chief says in Kyiv to offer support ahead of winter

KYIV: EU chief Ursula von der Leyen said Friday that she had arrived in Kyiv to offer support ahead of winter, as...

Published 20 Sep, 2024 11:10am

South Asia

Striking Indian doctors set to resume essential services

KOLKATA: Striking junior doctors in India’s West Bengal state agreed to resume essential services, in a partial...

Published 20 Sep, 2024 11:04am

Pakistan

Two Pakistani female peacekeepers honoured

RAWALPINDI: Major Sania Safdar and Major Komal Masood, two Pakistani female peacekeepers, have been awarded the...

Updated 20 Sep, 2024 11:01am

Forex

China’s yuan jumps to 16-month high, state banks step in to curb gains

SHANGHAI: China’s yuan rose to its strongest level in nearly 16 months on Friday on bets that Beijing will unveil...

Published 20 Sep, 2024 10:56am

Energy

India has discussed raising oil imports from Brazil, minister says

NEW DELHI: India has discussed raising oil imports from Brazil in a meeting with the head of the South American...

Published 20 Sep, 2024 10:53am

Commodities

China soybean imports from US gain pace in August

BEIJING: China’s soybean imports from the United States rose 70% in August from a year earlier, customs data showed...

Published 20 Sep, 2024 10:47am

Bullion Rate

Gold hovers near record high as traders navigate Fed’s giant rate cut

Gold prices steadied near record highs on Friday and were poised for a weekly gain, as markets adjusted to the US...

Published 20 Sep, 2024 10:40am

Mutual Funds

India bonds steady with focus on 10-year benchmark bond auction

MUMBAI: Indian government bond yields were little changed in early trading on Friday as market participants awaited...

Published 20 Sep, 2024 10:26am

Forex

Indian rupee likely to extend winning run on upbeat risk, Fed outlook

MUMBAI: The Indian rupee is expected to open higher on Friday and add to its weekly advance, boosted by healthy risk...

Published 20 Sep, 2024 10:24am

Forex

Australia, NZ dollars near 2024 highs as risk assets rally

SYDNEY: The Australian and New Zealand dollars nestled near their highs for the year on Friday as the prospect of...

Published 20 Sep, 2024 10:21am

Stocks

Australia shares hit record high on Fed rate cut boost

Australian shares touched an all-time high on Friday, as optimism around the US Federal Reserve’s oversized interest...

Published 20 Sep, 2024 10:19am

Stocks

Japan’s Nikkei rallies on Wall Street’s lead as BOJ decision looms

TOKYO: Japan’s Nikkei share average rose strongly in early trading on Friday, tracking overnight gains on Wall...

Published 20 Sep, 2024 10:17am

Business & Finance

ADB approves $500mn loan for Indonesia’s energy transition efforts

JAKARTA: The Asian Development Bank (ADB) said on Friday it has approved a $500 million policy-based loan to fund a...

Published 20 Sep, 2024 10:15am

Stocks

Indian shares set to open higher on US rate-cut euphoria

BENGALURU: Indian shares are set to open higher on Friday, as an outsized interest rate reduction by the US Federal...

Published 20 Sep, 2024 10:12am

Forex

Yen nurses losses as BOJ meets, dollar dogged by rate outlook

SYDNEY: The yen remained under pressure on Friday as investors wagered the Bank of Japan (BOJ) would wrap up a...

Published 20 Sep, 2024 10:08am

Negotiations with IMF: PM acknowledges China’s critical role

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said the second phase of the China-Pakistan Economic Corridor...

Updated 20 Sep, 2024 09:37am

Sales tax laws on distribution: PBC approaches NTC for resolution of federation-provinces dispute

ISLAMABAD: The Pakistan Business Council (PBC) has approached National Tax Council (NTC) for resolution of dispute...

Updated 20 Sep, 2024 09:34am

Business & Finance

Auction for PIBs: Rs83bn raised against Rs200bn target

KARACHI: After rejecting T-Bills auction Wednesday, the federal government Thursday raised Rs 83 billion against the...

Updated 20 Sep, 2024 09:33am

Pakistan

Constitutional Package: SC Registrar’s Office returns petition

ISLAMABAD: The Supreme Court Registrar’s Office, on Thursday, returned a petition that challenged Constitutional...

Updated 20 Sep, 2024 09:33am

BR Research

Gadoon Textiles Mills Limited

Gadoon Textile Mills Limited (PSX: GADT) was incorporated in Pakistan as a public limited company in 1988. The...

Published 20 Sep, 2024 09:12am

BR Research

NetSol in FY24

NetSol Technologies Limited (PSX: NetSol) posted an 8 percent year-on-year growth in earnings for FY24. The...

Published 20 Sep, 2024 09:00am

BR Research

Cotton outlook: making sense of wild statistics

It seems that world cotton markets have either began to ignore the statistics coming out of Pakistan or declared...

Published 20 Sep, 2024 09:00am

Pakistan keen to deepen ties with Russia: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has said that Pakistan is keen to expand trade, economic, energy,...

Updated 20 Sep, 2024 08:57am

US-Pak ties vital for regional stability, security: Biden

WASHINGTON: US President Joe Biden has said that the relationship with Pakistan remained vital for regional...

Updated 20 Sep, 2024 08:54am

Based on monthly invoicing to ‘GoAJ&K’: Power supply to AJ&K should be billed at basket rate: MoF

ISLAMABAD: The Ministry of Finance has proposed that electricity supply to Azad Jammu and Kashmir (AJ&K) should...

Updated 20 Sep, 2024 08:52am

Pakistan

PBC concerned over ‘secret’ constitutional amendments

ISLAMABAD: Pakistan Bar Council (PBC) on Thursday expressed serious concerns over the secrecy accorded to proposed...

Updated 20 Sep, 2024 08:50am

BR’s refresher: your morning briefing for the day

Important updates from September 19, 2024

Published 20 Sep, 2024 08:45am

Opinion

Economic resilience and IMF surcharges

‘Supporters of the surcharges argue that the additional fees discourage debtors from borrowing excessively from ...

Updated 20 Sep, 2024 08:29am

Business & Finance

Pakistan and Russia vow to deepen economic relationship

ISLAMABAD: Pakistan and Russia have reiterated their commitment to expanding trade and economic ties, along with...

Updated 20 Sep, 2024 08:02am

Pakistan

AGP raises serious concerns over performance of DGPC

ISLAMABAD: The Auditor General of Pakistan (AGP) has raised serious concerns about the performance of the Director...

Published 20 Sep, 2024 07:55am

Pakistan

Anti-dengue activities: All allied depts directed to cooperate

LAHORE: The Cabinet Committee on Prevention of Dengue, Infectious Diseases and Disaster Management, on Thursday, ...

Published 20 Sep, 2024 07:54am

Pakistan

Annual Milad held at BISP HQ

ISLAMABAD: The annual Milad event was held at BISP headquarters to celebrate the birth of Holy Prophet (PBUH), said ...

Published 20 Sep, 2024 07:49am

Pakistan

Bhutan, ADPC delegations visit Emergency Services HQs

LAHORE: Asian Disaster Preparedness Center (ADPC) and National Search & Rescue Service Bhutan delegation visited...

Published 20 Sep, 2024 07:46am

Pakistan

Blasphemy suspect's family forgives police officer accused of killing him

QUETTA: The family of a blasphemy suspect killed in custody in Quetta has forgiven the police officer accused of...

Published 20 Sep, 2024 07:39am

Pakistan

CDA chief met IAP delegation

ISLAMABAD: Chairman of the Capital Development Authority (CDA) Muhammad Ali Randhawa met with a delegation from the...

Published 20 Sep, 2024 07:34am

Pakistan

CM monitoring governance-related issues

LAHORE: Senior Punjab Minister Marriyum Aurangzeb said on Thursday that Maryam Nawaz Sharif was the first chief...

Published 20 Sep, 2024 07:32am

Pakistan

Underprivileged communities: DTI offering specialized training programmes

LAHORE: DTI, a leading institution in vocational and technical education, is making significant strides in uplifting...

Published 20 Sep, 2024 07:31am

Pakistan

Video link facility for IK: ECP to seek explanation from Adiala Jail authorities

ISLAMABAD: The electoral entity has decided to seek an explanation from the Adiala Jail Rawalpindi authorities over...

Published 20 Sep, 2024 07:31am

Pakistan

Kaspersky report-2024: ‘Cyberattacks on young gamers rises by 30pc in 2024’

ISLAMABAD: A global cybersecurity firm disclosed Thursday that cyberattacks on young gamers has been increased by 30...

Published 20 Sep, 2024 07:27am

Pakistan

Rs950bn development budget: Efficient utilization needed: CS Sindh

HYDERABAD: Chief Secretary Sindh Syed Asif Haider Shah emphasized the need for efficient utilization of the Rs950...

Published 20 Sep, 2024 07:26am

Pakistan

‘One Health approach crucial in addressing zoonotic outbreaks’

ISLAMABAD: One Health approach is crucial in addressing zoonotic outbreaks which are infectious diseases ...

Published 20 Sep, 2024 07:24am

Pakistan

IHC sets aside ECP verdict

ISLAMABAD: The Islamabad High Court (IHC) set aside the verdict of the Election Commission of Pakistan (ECP) to...

Published 20 Sep, 2024 07:22am

Pakistan

Controversial tweet: Interim bail of PTI leader Aliyah extended till 23rd

ISLAMABAD: A local court on Thursday extended the interim bail of Pakistan Tehreek-e-Insaf (PTI) leader Aliyah Hamza...

Published 20 Sep, 2024 07:21am

LHC bars police from arresting PTI SG Salman Akram Raja

LAHORE: The Lahore High Court (LHC) on Thursday barred police from arresting PTI Secretary General Salman Akram Raja...

Updated 20 Sep, 2024 07:20am

Pakistan

Monitoring of flour quality & price intensified

LAHORE: The Punjab Food Department is actively monitoring the quality and prices of flour across the province....

Published 20 Sep, 2024 07:18am

Pakistan

Cultural and minority rights protection: Pakistan, Iran agree to enhance cooperation

LAHORE: Pakistan and Iran agreed to enhance cooperation on cultural and minority rights protection besides promoting...

Published 20 Sep, 2024 07:15am

Pakistan

Panel recommends govt to expand BISP BoD

ISLAMABAD: A parliamentary panel, Thursday, recommended the government to expand the Board of Directors (BoD) of the...

Published 20 Sep, 2024 07:14am

Pakistan

PTI-backed lawyers’ convention rejects constitutional package

LAHORE: A PTI-backed lawyers’ convention on Thursday rejected the proposed constitutional package and demanded...

Published 20 Sep, 2024 07:12am

Pakistan

PML-N’s candidate victory upheld: SC rejects plea for recount in seven polling stations in PB-14

ISLAMABAD: The Supreme Court upheld the victory of Pakistan Muslim League-Nawaz (PML-N) candidate Mahmood Khan by...

Published 20 Sep, 2024 07:10am

Pakistan

Two Pakistani female peacekeepers honoured

RAWALPINDI: Major Sania Safdar and Major Komal Masood, two Pakistani female peacekeepers, have been awarded the...

Published 20 Sep, 2024 07:08am

Pakistan

Two Punjab PML-N MPAs file plea before ECP

ISLAMABAD: Two PML-N MPAs from Punjab Amina Hassan and Mohsin Ayub, through their counsel Umer Sajjad Chaven, have...

Updated 20 Sep, 2024 07:06am

Pakistan

Govt has found solution to Karachi’s traffic problems: Sindh minister

KARACHI: Sindh Senior Minister and Minister for Information, Transport, Excise, Taxation, and Narcotics Control,...

Published 20 Sep, 2024 07:04am

Pakistan

PM to lead delegation to UNGA session

ISLAMABAD: Prime Minister Shehbaz Sharif will lead Pakistan delegation to the forthcoming 79th Session of the United...

Published 20 Sep, 2024 07:03am

Technology

Huawei Technologies, NIBAF Pakistan sign MoU

ISLAMABAD: Huawei Technologies Pakistan and National Institute of Banking and Finance Pakistan signed a memorandum...

Published 20 Sep, 2024 07:00am

Industry

P@SHA elects new CEC for 2024-26

ISLAMABAD: The IT industry across the Pakistan has elected the new 10-member central executive committee (CEC) for...

Published 20 Sep, 2024 06:58am

Taxes

SRO 1064 to be amended to make Tajir Dost Scheme effective: Mir

LAHORE: Chief Coordinator Tajir Dost Scheme Mohammad Naeem Mir said on Thursday that SRO 1064 is likely to be ...

Published 20 Sep, 2024 06:58am

Companies

Standard Chartered launches 6th Cohort of Women In Tech programme

KARACHI: Standard Chartered Pakistan has launched the 6th Cohort of the Standard Chartered Women In Tech programme ...

Updated 20 Sep, 2024 06:55am

Cotton & Textile

Punjab govt for setting up body to increase cotton yield

LAHORE: The Punjab government has ordered the formation of a committee of experts to increase the production of...

Published 20 Sep, 2024 06:54am

Pakistan

PTI rally in Lahore: LHC FB seeks personal appearance of CS Punjab, others

LAHORE: A full bench of the Lahore High Court on Thursday sought personal appearance of the chief secretary Punjab,...

Published 20 Sep, 2024 06:52am

Pakistan

Cleaning work: 100,000 new jobs will be created through outsourcing: minister

LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that around 100,000 new employment opportunities...

Published 20 Sep, 2024 06:50am

Pakistan

Alvi calls on JI chief at Mansoorah

LAHROE: Former President Dr Arif Alvi met with Jamaat-e-Islami (JI) Chief Hafiz Naeem-ur-Rehman at Mansoorah on...

Published 20 Sep, 2024 06:49am

Pakistan

Wasa to complete work on 4th underground rainwater storage tank

LAHORE: The work on the fourth underground rainwater storage tank at Qaddafi Stadium will be completed in January...

Published 20 Sep, 2024 06:47am

Pakistan

Mohenjo-Daro: Sindh PA unanimously passes resolution

KARACHI: The Sindh Assembly unanimously passed a resolution, demanding of the federal government to retain the motif...

Published 20 Sep, 2024 06:44am

Business & Finance

Virtual meeting held: Minister, US diplomat discuss ways to enhance trade ties

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, held a virtual meeting with United States Trade...

Published 20 Sep, 2024 06:41am

Opinion

PARTLY FACETIOUS: COA will be replaced with COD?

“Success has many fathers, so stated Irfan Siddiqui from the Nawala group, but failure is an orphan.” “Oh?...

Published 20 Sep, 2024 06:10am

Opinion

Advancing digital literacy for a more literate Pakistan

Without digital literacy, can Pakistan improve its overall literacy rate? Not really. Literacy is the basic skill of...

Published 20 Sep, 2024 06:11am

Pakistan

The Weather

KARACHI: The weather report on Thursday (September 19, 2024) and the forecast for Friday (September 20, 2024)...

Published 20 Sep, 2024 06:11am

World

Hezbollah chief says group suffered ‘major’ blow in device blasts

BEIRUT: Hezbollah chief Hassan Nasrallah acknowledged Thursday his powerful group had suffered an ...

Published 20 Sep, 2024 06:11am

Europe

EU chief announces $11bn for nations hit by ‘heartbreaking’ floods

WROCLAW (Poland): European Commission President Ursula von der Leyen on Thursday announced 10 billion euros ($11...

Published 20 Sep, 2024 06:11am

South Asia

Sri Lanka clinches $12.5bn bond rework deal in pre-election dash

LONDON: Sri Lanka reached a draft deal with creditors to restructure $12.5 billion of international bonds, it said ...

Published 20 Sep, 2024 06:11am

South Asia

Anti-money laundering watchdog calls on India to speed up prosecutions

NEW DELHI: The global anti-money laundering watchdog, the financial Action Task Force (FATF) urged India on Thursday...

Published 20 Sep, 2024 06:11am

Pakistan

No plan to give bases to any foreign govt or military: FO

ISLAMABAD: Foreign Office on Thursday rejected the “unfounded speculation”, claiming that Pakistan ...

Published 20 Sep, 2024 06:11am

Pakistan

Imran Khan, steps up criticism of govt’s ‘constitutional package’ move

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

Published 20 Sep, 2024 06:11am

Pakistan

Eid Milad-un-Nabi celebrations continue at Governor’s House

KARACHI: Under the directive of Governor Sindh Kamran Khan Tessori, the Milad-un-Nabi celebrations continue at the...

Published 20 Sep, 2024 06:11am

Pakistan

AJK and Gilgit-Baltistan: Senate body briefed about development projects

ISLAMABAD: Senate Functional Committee on Devolution was briefed on the development projects of Azad Jammu and...

Published 20 Sep, 2024 06:11am

World

World Bank boosts climate financing by 10 percent

WASHINGTON: The World Bank announced Thursday that it delivered a record $42.6 billion in climate change financing ...

Published 20 Sep, 2024 06:11am

Middle East

Israel arrests citizen in alleged Iran plot to kill Netanyahu

OCCUPIED JERUSALEM: Israeli police have arrested a citizen on suspicion of having been recruited by Iran to plot the...

Published 20 Sep, 2024 06:11am

World

US says Iran emailed stolen Trump campaign material to Biden camp

NEW YORK: Iranian hackers sent emails containing stolen material from Republican former President Donald Trump’s...

Published 20 Sep, 2024 06:11am

World

Red Sea insurance costs soar

LONDON: The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some...

Published 20 Sep, 2024 06:11am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (September 19, 2024). ====================================...

Published 20 Sep, 2024 06:10am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (September 19, 2024). =======================================...

Published 20 Sep, 2024 06:10am

Grains

Lahore Grain Market Rates

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

Published 20 Sep, 2024 06:10am

Rates

Shipping Intelligence

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

Published 20 Sep, 2024 06:10am

Forex

Kerb buying and selling rate of US dollar

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

Published 20 Sep, 2024 06:10am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (September 19, 2024). ======================== Open ...

Published 20 Sep, 2024 06:10am

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 Sep, 2024 06:10am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (September 19, 2024). ========================== ...

Published 20 Sep, 2024 06:10am

Rates

LME official prices

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

Published 20 Sep, 2024 06:10am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 133,293 tonnes of cargo comprising 31,697 tonnes of import cargo and ...

Published 20 Sep, 2024 06:10am

Stocks

Nikkei at over two-week closing high

TOKYO: Japan’s Nikkei share average posted its highest closing level in more than two weeks on Thursday, led by...

Published 20 Sep, 2024 06:10am

Stocks

Gulf markets in black after central banks cut rates

DUBAI: Most stock markets in the Gulf ended higher on Thursday, after most central banks in the region cut their key...

Published 20 Sep, 2024 06:10am

Stocks

China stocks rebound as Fed rate relief lifts easing hopes

HONG KONG: China shares rebounded from modest early losses on Thursday, led by gains in real estate developers and...

Published 20 Sep, 2024 06:10am

Stocks

Asian FX up after Fed’s bumper cut

BENGALURU: Emerging Asian markets gained on Thursday following the US Federal Reserve’s oversized rate cut, while...

Published 20 Sep, 2024 06:10am

Stocks

European shares advance as global markets cheer Fed rate cut

PARIS: European stocks jumped on Thursday after the US Federal Reserve delivered a 50-basis-point rate cut and...

Published 20 Sep, 2024 06:10am

Stocks

Sri Lanka shares end higher

BENGALURU: Sri Lankan shares closed higher on Thursday, aided by gains in utilities and financial stocks. The CSE...

Published 20 Sep, 2024 06:10am

Stocks

Wall St propelled higher by broad gains after Fed kicks off easing cycle

NEW YORK: Wall Street’s main indexes soared on Thursday with the S&P 500 and the Dow hitting intraday record...

Published 20 Sep, 2024 06:10am

Opinion

Political turmoil & reset for unity

As one of nine nuclear-armed states of the world, Pakistan plays a significant role in regional geopolitics. ...

Published 20 Sep, 2024 06:10am

Opinion

Aaeen Saazi

It seems Aaeen Saazi (Constitution Making) is an unending struggle in the land of the pure. Perhaps the only...

Published 20 Sep, 2024 06:10am

Letters

Two secrets to China’s rise

Twelve years ago, I visited China as a participant in a Seminar on Press and Publication for Developing Countries,...

Published 20 Sep, 2024 06:10am

Pakistan

Bilawal advocates formation of separate ‘constitutional court’

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari said that a separate Constitutional Court...

Published 20 Sep, 2024 06:10am

Pakistan

Reserved seats: SC ruling now unworkable, NA Speaker tells ECP

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq, Thursday, wrote a letter to the Election Commission of...

Published 20 Sep, 2024 06:10am

Rates

Bulls tighten grip

KARACHI: A bullish trend continued on Thursday as the Pakistan Stock Exchange hit historic highest ever intra-day...

Published 20 Sep, 2024 06:10am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 20 Sep, 2024 06:10am

Energy

Oil prices rise 2pc on US interest rate cut

NEW YORK: Oil prices rose 2 percent on Thursday after the Federal Reserve’s large cut in US interest rates, ...

Published 20 Sep, 2024 06:10am

Commodities

Iron ore rebounds on lower inventories

SINGAPORE: Prices of iron ore futures recovered on Thursday, buoyed by lower stockpiles and higher steel export...

Published 20 Sep, 2024 06:10am

Cotton & Textile

Sizeable business seen on cotton market

LAHORE: The local cotton market on Thursday remained firm and the trading volume remained satisfactory. Cotton...

Published 20 Sep, 2024 06:10am

Cotton & Textile

Cotton spot rates

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

Published 20 Sep, 2024 06:10am

Commodities

Malaysian palm oil gains on firmer soyoil

KUALA LUMPUR: Malaysian palm oil futures rose on Thursday, underpinned by firmer soyoil prices and production...

Published 20 Sep, 2024 06:10am

Commodities

Gold holds firm after Fed’s bumper rate cut

NEW YORK: Gold prices climbed on Thursday after hitting a record high in the previous session, as the US Federal...

Published 20 Sep, 2024 06:10am

Commodities

Asia rice: Buyers await lift on India’s rice export curbs

BENGALURU, MUMBAI, BANGKOK, HANOI AND BANGLADES: Vietnam rice export prices climbed on supply concerns sparked by...

Published 20 Sep, 2024 06:10am

Commodities

Japanese rubber futures ease

SINGAPORE: Japanese rubber futures ticked lower on Thursday, giving up earlier gains driven by prospects of strong...

Published 20 Sep, 2024 06:10am

Commodities

Copper hits two-month high

LONDON: Copper prices hit their highest in two months and aluminium the highest in three on Thursday after the...

Published 20 Sep, 2024 06:10am

Energy

US natgas extends decline on falling demand

NEW YORK: US natural gas futures extended their decline on Thursday on lower cooling demand due to forecasts for ...

Published 20 Sep, 2024 06:10am

Commodities

Soybeans fall as Brazil drought concerns ease

CANBERRA: Soybean futures dropped on Thursday on a firmer dollar and easing concerns that hot, dry weather in top...

Published 20 Sep, 2024 06:10am

Commodities

Gold prices on an uptrend

KARACHI: The local gold prices continued its uptrend to hit new highs on Thursday as the global bullion value ...

Published 20 Sep, 2024 06:10am

Health & Wellness

Rise in heart attacks among youth: Less physical activity, poor dietary habits key reasons: experts

KARACHI: Every day, 40 to 45 people are brought to the National Institute of Cardiovascular Diseases (NICVD) in...

Published 20 Sep, 2024 06:10am

Energy

Settlement of payments on reconciled dues: KE CEO seeks cooperation of Sindh PA body

KARACHI: Sharing information on a meeting held between CEO K-Electric and senior company officials with members of...

Published 20 Sep, 2024 06:10am

Industry

‘ICMDC’ set up: SECP moves to promote Islamic capital market

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has constituted the Islamic Capital Market...

Published 20 Sep, 2024 06:10am

Industry

Asif Iqbal Paracha elected PSMA chief for 2024-26

KARACHI: Asif Iqbal Paracha of Iqbal Qadir Enterprises, Faisalabad has elected Chairman Pakistan Soap Manufacturers...

Published 20 Sep, 2024 06:10am

Money & Banking

Dollar lower in choppy trade

NEW YORK: The US dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized...

Published 20 Sep, 2024 06:10am

Money & Banking

Yuan eases after Fed rate cut

SHANGHAI: China’s yuan eased on Thursday against broad strength in the dollar after the US Federal Reserve’s...

Published 20 Sep, 2024 06:10am

Editorials

Macroeconomic data: welcome improvement

EDITORIAL: Pakistan Bureau of Statistics (PBS) released two positive macroeconomic indicators this Friday past –...

Published 20 Sep, 2024 06:10am

Editorials

War in Gaza and double standards

EDITORIAL: As the world passively watches the horror of Israel’s genocidal campaign in Gaza and relentless ...

Published 20 Sep, 2024 06:10am

Business & Finance

As on Aug 31st: CDNS portfolio stands at Rs3.1trn, NA panel told

ISLAMABAD: The total portfolio of Central Directorate of National Savings (CDNS) stood at Rs3.1 trillion as on ...

Published 20 Sep, 2024 06:10am

Energy

Minister briefs French envoy on alternative energy projects

KARACHI: Minister of Energy, Development and Planning Sindh Syed Nasir Hussain Shah on Thursday met French ...

Published 20 Sep, 2024 06:10am

Industry

‘Office bearers of HCST&SI elected unopposed’

HYDERABAD: According to a statement issued by Furqan Ahmed Lodhi, Secretary General and Returning Officer of the...

Published 20 Sep, 2024 06:10am

South Asia

Ammunition from India enters Ukraine, raising Russian ire

NEW DELHI: Artillery shells sold by Indian arms makers have been diverted by European customers to Ukraine and New...

Published 20 Sep, 2024 12:22am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 12	277.86
USD PKR Interbank Buying / Aug 12	277.66
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 12	3.62

Stock	Volume
S&P 500 / Aug 12	7,748.50
India Sensex / Aug 12	77,966.35
Tokyo Nikkei / Aug 12	67,524.06
Nasdaq / Aug 12	26,588.49
Hang Seng / Aug 12	25,440.17
FTSE 100 / Aug 12	10,833.15
Dow Jones / Aug 12	53,770.27
Germany DAX 30 / Aug 12	26,331.07
France CAC40 / Aug 12	8,674.94

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Crude Oil USD/Barrel / Aug 12	82.60
Gold 10 Grams PKR / Aug 12	397,750
Gold Spot USD/Ounce / Aug 12	4,407.12
Cotton US¢/pound / Aug 12	84.38
Petrol/Litre / Aug 13	324.98
Diesel/Litre / Aug 13	382.79

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