News Archives for Latest - 2024-10-23

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Archive - 2024-10-23

Energy

OGDCL finds new gas reserves in Sindh

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

Updated 23 Oct, 2024 11:25pm

Markets

Pakistan to explore international capital markets in due course, says Aurangzeb

Finance minister briefs CitiBank delegation on government reforms

Updated 23 Oct, 2024 11:24pm

Europe

Pakistan ‘strongly’ condemns terror attack in Turkish capital Ankara

Four people killed, 14 others wounded in attack at Turkish Aerospace Industries’ headquarters

Updated 23 Oct, 2024 11:22pm

Lawyers protest on Shahrae Faisal, block roads

Karachi faced yet another situation of road blockage as lawyers, suited in work attire, took to the streets. Tyres...

Published 23 Oct, 2024 10:56pm

Energy

Power generation in Pakistan falls in September amid rising costs, shift to renewables

Power generation in Pakistan stood at 12,487 GWh (17,343 MW) in September 2024, a decline of over 6% YoY compared to...

Updated 23 Oct, 2024 10:49pm

Middle East

Hezbollah confirms Hashem Safieddine, heir apparent to Nasrallah, killed in Israeli attack

BEIRUT: Hashem Safieddine, the top Hezbollah official widely expected to succeed slain secretary general Hassan...

Updated 23 Oct, 2024 10:49pm

World

Biden says ‘tyrants’ to be held responsible as US commits funds for Ukraine loan

WASHINGTON: US President Joe Biden said Wednesday that US efforts, including contributions to a G7 loan package for...

Published 23 Oct, 2024 10:47pm

Pakistan

PM Shehbaz assures Palestinian students of full support in Pakistan

Prime Minister Shehbaz Sharif expressed his commitment to providing all possible facilities for Palestinian students...

Published 23 Oct, 2024 10:35pm

Stocks

KSE-100 hits record high, surges past 87,000 amid energy sector rally

Index has been on a winning run for weeks with positive economic indicators also contributing to the bullish run

Updated 23 Oct, 2024 10:44pm

Sports

Asalanka stars as Sri Lanka defeat West Indies in second ODI, clinch series

PALLEKELE: Skipper Charith Asalanka struck an unbeaten half-century as Sri Lanka defeated the West Indies by five...

Updated 23 Oct, 2024 10:27pm

South Asia

Bangladesh outlaws student wing of ousted premier’s party

DHAKA: Bangladesh banned the student wing of ousted premier Sheikh Hasina’s party on Thursday, citing its...

Published 23 Oct, 2024 10:05pm

Markets

Majority expect up to 200bps reduction in key policy rate in upcoming MPC meeting, AHL survey finds

The State Bank of Pakistan (SBP) might opt to further reduce the key policy rate by up to 200 basis points (bps) in...

Updated 23 Oct, 2024 10:00pm

Energy

Oil slips 1% on large build in US crude stocks; market watches Middle East

NEW YORK: Oil prices fell on Wednesday after data showed U.s. crude inventories rose by more than expected even as...

Updated 23 Oct, 2024 09:39pm

Life & Style

‘Rishta aunties’: traditional matchmakers find rival in ‘love match’ apps in Pakistan

RAWALPINDI: Pakistan’s traditional matchmakers play a revered role in moulding daughters into potential brides, but...

Published 23 Oct, 2024 09:29pm

Travel

Dubai, Abu Dhabi retain top spot for ease of entry for global talent

Both cities rank highest globally in attracting, retaining top talent by Kearney's Global Cities Index

Updated 23 Oct, 2024 08:29pm

Pakistan

Bushra Bibi granted bail in state gifts case, says PTI

ISLAMABAD: A court in Pakistan granted bail to Bushra Bibi, wife of former Prime Minister Imran Khan, in a case...

Updated 23 Oct, 2024 08:20pm

Pakistan

President Zardari appoints Justice Yahya Afridi as next CJP

Will assume role from October 26

Updated 23 Oct, 2024 08:20pm

Perspectives

Childbirth: are women penalised at work after maternity leave?

Is there a possibility that women seem to mentally degenerate after giving birth? The market seems to think so....

Published 23 Oct, 2024 07:57pm

Money & Banking

Bank of Canada cuts rates by 50 bps, hails ‘good news’ on low inflation

OTTAWA: The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first...

Published 23 Oct, 2024 07:54pm

Money & Banking

World Bank says will double agricultural commitments to $9bn a year by 2030

WASHINGTON: The World Bank will double its commitment for investments in agricultural financing and businesses to $9...

Published 23 Oct, 2024 07:38pm

Stocks

US stocks fall as McDonald’s sinks on food poisoning outbreak

NEW YORK: Wall Street stocks declined early Wednesday, weighed down by another rise in US Treasury bond yields and...

Published 23 Oct, 2024 07:32pm

Europe

UK’s Birmingham airport evacuated, flights suspended over ‘suspicious vehicle’: police

LONDON: Birmingham airport in central England was on Wednesday evacuated after reports of a “suspicious vehicle”,...

Published 23 Oct, 2024 07:30pm

Exchange

Rupee stable against US dollar

Currency settles at 277.73 against greenback in inter-bank market

Updated 23 Oct, 2024 07:22pm

Middle East

Iran strike will show your force, Israel’s defence chief tells pilots

JERUSALEM: Israeli Defence Minister Yoav Gallant told Air Force crews on Wednesday that after striking in Iran, the...

Published 23 Oct, 2024 06:42pm

Stocks

Most Gulf markets in red on heightened regional tensions

Most stock markets in the Gulf ended lower on Wednesday as geopolitical tensions in the region depressed sentiment,...

Published 23 Oct, 2024 06:54pm

Sports

Emerging Asia Cup T20: Dahani takes five as Pakistan Shaheens beat UAE by 114 runs

An unbeaten half-century from skipper Mohammad Haris and a maiden T20 five-wicket haul for Shahnawaz Dahani led...

Published 23 Oct, 2024 06:49pm

South Asia

Germany bets on India to reduce reliance on China

BERLIN: Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to...

Published 23 Oct, 2024 06:30pm

South Asia

Modi meets Xi as India, China ties recover from 2020 military clash

NEW DELHI/BEIJING: Indian Prime Minister Narendra Modi and Chinese President Xi Jinping held their first formal...

Updated 23 Oct, 2024 06:23pm

Movies & Music

Shah Rukh Khan set to host party for fans in Dubai this week

Event will take place on October 27 at Dubai Design District (d3)

Published 23 Oct, 2024 05:57pm

Money & Banking

MCB Bank posts Rs18.1bn profit in 3Q2024, down 8% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs18.13 billion...

Updated 23 Oct, 2024 06:12pm

Stocks

Indian blue-chips succumb to selling pressure for third straight day

Indian equity benchmarks slipped for a third straight session on Wednesday, as dull corporate earnings and sustained...

Published 23 Oct, 2024 06:10pm

Stocks

Sri Lanka shares end higher as industrials, financials gain

CSE All-Share index settled 0.47% higher at 12,357.45

Published 23 Oct, 2024 06:08pm

Commodities

Aluminium climbs as raw material shortage triggers fund buying

LONDON: Aluminium prices rose to their highest in almost 20 days on Wednesday as news of alumina shortages triggered...

Published 23 Oct, 2024 06:06pm

Commodities

Palm hits highest level in over two years due to weak output, policy moves by top producers

KUALA LUMPUR: Malaysian palm oil futures rose to their highest levels in more than two years on Wednesday, supported...

Published 23 Oct, 2024 06:04pm

Pakistan

Pakistani venture Sarmayacar says Green Climate Fund pledges $15 million

KARACHI: The Green Climate Fund (GCF) has committed $15 million to Pakistani venture capital firm Sarmayacar, the...

Published 23 Oct, 2024 06:00pm

Bullion Rate

New record: gold price per tola increases Rs2,000 in Pakistan

Gold prices in Pakistan maintained their upward trajectory on Wednesday in line with their increase in international...

Updated 23 Oct, 2024 05:37pm

Sports

Pakistan unchanged for third Test against England

England recall Rehan Ahmed to boast their spin attack

Published 23 Oct, 2024 05:05pm

Sports

Confident New Zealand ready for India spin challenge

PUNE: Skipper Tom Latham said Wednesday that New Zealand had been buoyed by their historic Test victory in India but...

Published 23 Oct, 2024 04:49pm

Movies & Music

Bollywood actor Sonam Kapoor named new Dior brand ambassador

French luxury brand Christian Dior has named Bollywood actor Sonam Kapoor as Brand Ambassador, it was announced on...

Updated 23 Oct, 2024 04:45pm

Sports

Stokes forecasts spin battle in Pakistan-England decider

RAWALPINDI: England captain Ben Stokes believes the series-deciding third Test against Pakistan starting Thursday...

Published 23 Oct, 2024 04:44pm

Stocks

Stock markets mixed, oil prices drop

LONDON: European and Asian stock markets traded mixed Wednesday and oil prices retreated as investors focused on...

Updated 23 Oct, 2024 04:37pm

Sports

Mehidy, Jaker keep Bangladesh alive against South Africa

MIRPUR: Half-centuries by Mehidy Hasan Miraz and Jaker Ali helped Bangladesh into an 81-run lead over South Africa...

Published 23 Oct, 2024 04:31pm

Recorder headlines

Published 23 Oct, 2024 04:19pm

Europe

North Korean troops in Russia, US defence secretary says

ROME: US Defence Secretary Lloyd Austin said on Wednesday there is evidence that North Korea troops are in Russia,...

Published 23 Oct, 2024 03:37pm

Business & Finance

UAE lender ADCB posts 23% rise in Q3 net profit, beats estimates

DUBAI: Abu Dhabi Commercial Bank beat forecasts with a 23% rise in third-quarter profit on Wednesday helped by...

Published 23 Oct, 2024 03:33pm

Forex

South African rand little changed; CPI data in focus

JOHANNESBURG: The South African rand was little changed in early trade on Wednesday, before the release of local...

Published 23 Oct, 2024 01:44pm

Commodities

Iron ore falls on weaker global steel outlook, China growth forecasts

SINGAPORE: Iron ore futures extended losses to a second session on Wednesday, as a weaker global steel market...

Published 23 Oct, 2024 01:39pm

Middle East

Antony Blinken urges Israel to use opportunity to end war in Gaza

TEL AVIV: US Secretary of State Antony Blinken urged Israel on Wednesday to use the opportunity to end the war in...

Published 23 Oct, 2024 01:37pm

South Asia

Severe cyclonic storm set to barrel into eastern India, Bangladesh

BHUBANESWAR: Authorities cancelled trains, warned fishermen not to venture out to sea and prepared to evacuate...

Published 23 Oct, 2024 01:32pm

Europe

Roche CEO says more people have mpox in Europe than has been reported

FRANKFURT: The CEO of Roche said he has been informed that more cases of mpox infection have occurred in Europe than...

Published 23 Oct, 2024 01:27pm

Europe

Lufthansa suspends flights to Beirut, Tehran until early 2025

BERLIN: Lufthansa extended the suspension of its flights to Tehran and Beirut until early next year, the German...

Published 23 Oct, 2024 01:25pm

Commodities

Jordan issues tender for up to 120,000 T of wheat, traders say

HAMBURG: Jordan’s state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling...

Published 23 Oct, 2024 01:24pm

Energy

India’s diesel consumption to rise 3%-4% in current fiscal year, says Indian Oil chair

India’s annual diesel consumption is expected to rise by 3%-4% in the current fiscal year to March 31, said V....

Published 23 Oct, 2024 01:22pm

Technology

Xiaomi’s automobile plant expansion to be completed in mid-2025, report says

BEIJING: Chinese smartphone maker Xiaomi Corp is expected to complete the construction of an expansion of its...

Published 23 Oct, 2024 01:18pm

Europe

Vladimir Putin, Xi discuss payment issues at bilateral talks, RIA cites Kremlin aide

MOSCOW: Russian President Vladimir Putin discussed the issue of financial settlement problems during bilateral talks...

Published 23 Oct, 2024 01:15pm

Forex

Kenyan shilling unmoved against dollar on month-end FX supply

NAIROBI: The Kenyan shilling was unmoved against the dollar on Wednesday, as exporters converted dollars to the...

Published 23 Oct, 2024 12:47pm

USA

McDonald’s linked to one death, dozens of food poisonings in US

WASHINGTON: One person has died and dozens have fallen sick following a severe E. coli outbreak linked to McDonald’s...

Published 23 Oct, 2024 12:41pm

Business & Finance

Starbucks preliminary results show declining sales

NEW YORK: US coffee giant Starbucks on Tuesday released preliminary results showing that sales are continuing to...

Published 23 Oct, 2024 12:38pm

Sports

Mourinho reunion a reminder of how little has changed for mediocre Man Utd

MANCHESTER: Manchester United’s reunion with former boss Jose Mourinho in Thursday’s Europa League trip to...

Published 23 Oct, 2024 12:36pm

Sports

Mikaela Shiffrin eyes 100 World Cup wins as legend Hirscher returns

PARIS: As if Mikaela Shiffrin hadn’t already etched her name in the annals of World Cup alpine skiing, the American...

Published 23 Oct, 2024 12:34pm

World

King Charles visits Samoa, where Commonwealth looks to shed stodgy image

APIA: King Charles arrives in Samoa on Wednesday ahead of a Commonwealth summit, hoping to breathe new life into a...

Published 23 Oct, 2024 12:32pm

Asia

North Korean leader Kim inspects missile bases, ballistic weapons

SEOUL: North Korean leader Kim Jong Un inspected a strategic missile base, state media said Wednesday, releasing...

Published 23 Oct, 2024 12:30pm

Stocks

Asian markets mixed as rate cut bets are trimmed; US vote in focus

HONG KONG: Asian equities diverged Wednesday after another unremarkable day on Wall Street, where rising bond yields...

Published 23 Oct, 2024 12:15pm

USA

Kamala Harris says US ready for woman president

WASHINGTON: Kamala Harris said Tuesday that America is “absolutely” ready to elect its first woman president but...

Published 23 Oct, 2024 12:12pm

South Asia

Indian capital chokes as ‘hazardous’ air pollution returns

NEW DELHI: Acrid clouds engulfed India’s capital on Wednesday as air pollution fuelled by fireworks and farm stubble...

Published 23 Oct, 2024 12:08pm

South Asia

US embassy warns of attack threat in Sri Lanka

COLOMBO: The US embassy in Sri Lanka issued a travel warning Wednesday to citizens visiting a popular surfing resort...

Published 23 Oct, 2024 11:52am

Middle East

Israel says killed Nasrallah’s apparent successor in Beirut strike

TEL AVIV: Israel’s army said it had killed the cleric tipped to succeed slain Hezbollah leader Hassan Nasrallah in...

Published 23 Oct, 2024 11:46am

Sports

David Warner offers to come out of retirement for India Test series

SYDNEY: Test opening great David Warner has told Australian selectors he is available to come out of retirement and...

Published 23 Oct, 2024 11:31am

South Asia

India’s Modi to meet China’s Xi in Russia: foreign ministry

NEW DELHI: Indian Prime Minister Narendra Modi and Chinese President Xi Jinping will hold their first bilateral...

Published 23 Oct, 2024 11:29am

World

Mexico troops kill 19 suspected Sinaloa cartel members

CULIACÁN: Mexican troops shot dead 19 suspected members of the Sinaloa cartel after they came under attack in the...

Published 23 Oct, 2024 11:26am

Asia

Thousands flee homes as fierce tropical storm batters Philippines

MANILA: Philippine rescuers waded through chest-deep floodwaters Wednesday to reach residents trapped by Tropical...

Published 23 Oct, 2024 11:24am

Europe

UN secretary general Antonio Guterres in Russia for BRICS summit

KAZAN: UN Secretary General Antonio Guterres arrived in the Russian city of Kazan on Wednesday to attend the BRICS...

Published 23 Oct, 2024 11:09am

Europe

EU chief due in Balkans to discuss enlargement

BELGRADE: EU chief Ursula von der Leyen on Wednesday starts a tour of six Balkan nations aspiring to join the bloc...

Published 23 Oct, 2024 11:07am

Business & Finance

Australia’s Qantas hits record high as Jefferies lifts price target

Shares of Qantas Airways hit an all-time high on Wednesday after Jefferies analysts hiked their price target on...

Published 23 Oct, 2024 10:55am

Stocks

China stocks find footing as stimulus awaited

SINGAPORE: China and Hong Kong stocks made a steady open of trade on Wednesday, as the promise of government help...

Published 23 Oct, 2024 10:53am

Bullion Rate

Safe-haven gold hits record high on global uncertainties

Gold prices surged to a record high on Wednesday, as conflicts in the Middle East and uncertainty surrounding the...

Published 23 Oct, 2024 10:51am

Business & Finance

Goldman cuts Indian equities to ‘neutral’ as economic, earnings growth slows

Goldman Sachs tactically lowered Indian equities to “neutral” from “overweight” on Tuesday, as the country’s slowing...

Published 23 Oct, 2024 10:49am

Commodities

Soybeans rise for third session on strong demand; wheat falls

SINGAPORE: Chicago soybeans gained more ground on Wednesday, underpinned by a heightened global demand for the...

Published 23 Oct, 2024 10:47am

Forex

Indian rupee to hold near all-time low on higher US yields, upbeat dollar

MUMBAI: The Indian rupee is likely to hold near lifetime low on Wednesday after US Treasury yields climbed to a...

Published 23 Oct, 2024 10:44am

Mutual Funds

India bond yields seen little changed; cenbank policy minutes in focus

MUMBAI: Indian government bond yields are expected to be largely unchanged in the early trading session on...

Published 23 Oct, 2024 10:40am

Commodities

Palm rises for third straight day on firmer rival oils, weaker ringgit

KUALA LUMPUR: Malaysian palm oil futures opened higher for a third straight session on Wednesday, buoyed by stronger...

Published 23 Oct, 2024 10:37am

Stocks

Japan’s Nikkei trades marginally higher amid caution ahead of election

TOKYO: Japan’s Nikkei share average was marginally higher on Wednesday as caution ahead of the country’s upcoming...

Published 23 Oct, 2024 10:35am

Forex

Australia, NZ currencies under pressure again as dollar dominates

SYDNEY: The Australian and New Zealand dollars were again under pressure on Wednesday, having caught some respite...

Published 23 Oct, 2024 10:21am

Stocks

Australian shares rise on commodity boost; QBE Insurance falls on regulatory woes

Australian shares rose on Wednesday, buoyed by commodity stocks, while QBE Insurance fell after the country’s...

Published 23 Oct, 2024 10:17am

Stocks

Indian shares set to open marginally higher after two-session drop

Indian shares will likely open marginally higher on Wednesday, after two straight days of losses on persistent...

Published 23 Oct, 2024 10:15am

Forex

Fed outlook pushes dollar to 2 1/2 month peak; yen under pressure

TOKYO: The US dollar hovered at a 2-1/2-month peak on Wednesday as investors adjusted bets toward a gradual...

Published 23 Oct, 2024 10:09am

IMF projects 3.2pc growth

The Fund projects inflation rate at 9.5 percent for 2025

Updated 23 Oct, 2024 09:28am

PTCL’s acquisition of Telenor, Orion Towers: CCP told there are no immediate competition concerns

ISLAMABAD: The Competition Commission of Pakistan (CCP) was informed Tuesday that there are no immediate competition...

Updated 23 Oct, 2024 09:27am

Climate, population and other issues: Aurangzeb urges development partners to work closely

WASHINGTON DC: Addressing the G-24 Ministers and Governors Meeting, Minister for Finance and Revenue Muhammad...

Updated 23 Oct, 2024 09:26am

IMF briefed about array of reforms

WASHINGTON: Pakistani delegation comprising Secretary Finance Imdad Ullah Bosal and Governor State Bank of Pakistan...

Updated 23 Oct, 2024 09:25am

Energy

Nepra approves generation tariff for KE

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has approved generation tariff of K-Electric (KE)...

Updated 23 Oct, 2024 09:24am

Aurangzeb says debt reprofile talks with China encouraging

WASHINGTON: China’s response to Pakistan’s request to lengthen maturities for debt involved in the Belt and Road...

Updated 23 Oct, 2024 09:23am

Centre, AJK fail to finalise power tariff, WUC rate

ISLAMABAD: The federal government and Azad Jammu and Kashmir (AJ&K) government are said to have failed to...

Updated 23 Oct, 2024 09:11am

Sept FCAs: CPPA-G seeks 71 paisa per unit negative adjustment

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought negative adjustment of paisa 71 per...

Updated 23 Oct, 2024 09:10am

Additional revenue collection: Benefits must be passed on to public: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) that the benefits of...

Updated 23 Oct, 2024 09:10am

Govt inks revised deals with 8 bagasse-fired IPPs

ISLAMABAD: Following successful negotiated deals with the five Independent Power Producers (IPPs), the Energy Task...

Updated 23 Oct, 2024 09:09am

BR’s refresher: your morning briefing for the day

Important updates from October 22, 2024

Published 23 Oct, 2024 09:08am

BR Research

Fazal Cloth Mills Limited

Fazal Cloth Mills Limited (PSX: FZCM) was incorporated in Pakistan as a public limited company in 1966. The...

Published 23 Oct, 2024 08:36am

BR Research

Pump your breaks

For the first time in over 2 years, net borrowing for auto financing has become positive implying that banks have...

Published 23 Oct, 2024 08:39am

BR Research

FDI – some spark but missing the fuse

Weak institutions, inconsistent regulations, and an unpredictable political environment can make it challenging for...

Published 23 Oct, 2024 08:41am

Pakistan

Food prices in Punjab lower than in other provinces: Azma

LAHORE: Punjab Information Minister Azma Bokhari said on Tuesday that food prices are the lowest in Punjab compared...

Published 23 Oct, 2024 08:19am

Pakistan

Accused has right to obtain video recording of alleged raid: LHC

LAHORE: The Lahore High Court has ruled that an accused has the right to obtain a video recording of the alleged ...

Published 23 Oct, 2024 08:19am

Pakistan

Punjab cabinet decides to introduce ‘single-use plastic culture’ in province

LAHORE: Punjab cabinet, which met here Tuesday with the Chief Minister Maryam Nawaz Sharif in the chair, approved to...

Published 23 Oct, 2024 08:17am

Pakistan

Continuity of democratic system vital for economy: Governor

LAHORE: Governor Punjab Sardar Saleem Haider Khan said that the passage of the 26th constitutional amendment by the...

Published 23 Oct, 2024 08:13am

Pakistan

‘International Rescue Challenge’: Pakistan rescue team emerges as a champion

LAHORE: The Pakistan Rescue Team emerged as the champion in the ‘International Rescue Challenge,’ while the...

Published 23 Oct, 2024 08:09am

Pakistan

Govt to ensure enhanced security on Guru Nanak’s birth anniversary

LAHORE: Provincial Minister for Minorities Sardar Ramesh Singh Arora has said that the Punjab government will take...

Updated 23 Oct, 2024 08:08am

Industry

LCCI holds awareness session on income tax return filing

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has organised an awareness session on the filing of...

Published 23 Oct, 2024 08:07am

Sports

Quaid-e-Azam Trophy set to start on 26th

LAHORE: Quaid-e-Azam Trophy, Pakistan’s premier first-class cricket tournament, will begin from 26th October. As...

Published 23 Oct, 2024 08:05am

Cotton & Textile

Spot rate increased by Rs200 to Rs17,800 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday increased the spot rate by Rs200 per...

Published 23 Oct, 2024 08:03am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (October 22, 2024)...

Published 23 Oct, 2024 08:02am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 101,800 tonnes of cargo comprising 62,390 tonnes of import cargo and 39410 tonnes...

Published 23 Oct, 2024 08:01am

Commodities

Iron ore retreats as weakening steel demand weigh

BEIJING: Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking ...

Published 23 Oct, 2024 08:00am

Energy

Oil rises as Middle East war rages

NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle ...

Updated 23 Oct, 2024 07:59am

Japan rubber futures rise on stronger demand

SINGAPORE: Japanese rubber futures gained on Tuesday as traders weighed a firmer demand outlook against prospects of...

Updated 23 Oct, 2024 07:58am

Commodities

Gold scales record peak as US election jitters drive safe-haven rush

NEW YORK: Gold hit an all-time peak on Tuesday as factors including safe-haven demand, spurred by US election...

Updated 23 Oct, 2024 07:57am

Commodities

Aluminium rallies on record high raw material prices

LONDON: Aluminium prices rose on Tuesday as the cost of raw material alumina set a record high, increasing ...

Published 23 Oct, 2024 07:55am

Business & Finance

IMF predicts slightly slower global growth in 2024 and 2025

WASHINGTON: Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, ...

Published 23 Oct, 2024 07:54am

Pakistan

Use of tech can benefit farmers, enhance food security: experts

KARACHI: Pakistan’s crop yields can be elevated to global averages through product innovation and the integration...

Published 23 Oct, 2024 07:50am

Industry

Most of super stores linked with POS discharging tax liabilities: FCCI

FAISALABAD: Most of the Super Stores are linked with Point of Sale (POS) and are discharging their tax liabilities...

Published 23 Oct, 2024 07:50am

Commodities

Palm oil surges more than 2pc on stronger rival oils

KUALA LUMPUR: Malaysian palm oil futures rose more than 2% on Tuesday, boosted by strength in rival oils. The...

Published 23 Oct, 2024 07:48am

Pakistan

Strategic planning to overcome maritime challenges stressed

ISLAMABAD: The National Institute of Maritime Affairs (NIMA), in collaboration with the Institute of Strategic...

Updated 23 Oct, 2024 07:46am

Pakistan

Met Office issues alert about smog

KARACHI: The Met Office has issued an alert about smog, saying that atmospheric pollutants may trigger health issues...

Published 23 Oct, 2024 07:43am

Business & Finance

Experts optimistic about fintech sector prospects

KARACHI: Experts said the fintech sector is set to emerge in Pakistan with innovative products and services to...

Published 23 Oct, 2024 07:42am

Pakistan

Experts concerned at growing vitamin-D deficiency in population

KARACHI: The growing incidence of osteoporosis and weak bones in Pakistan is primarily due to widespread Vitamin D...

Published 23 Oct, 2024 07:41am

Pakistan

SHC hears Red Line bus project tree- cutting case

KARACHI: The Sindh High Court (SHC) was informed on Tuesday that the trees cut for the Red Line bus project in...

Published 23 Oct, 2024 07:39am

Pakistan

GHA holds rally at LGH to express solidarity with Palestinians

LAHORE: Grand Health Alliance (GHA) held a rally here at the Lahore General Hospital (LGH) to lodge protest against...

Published 23 Oct, 2024 07:38am

Pakistan

Al-Qadir Trust scam case: AC adjourns hearing till 28th

ISLAMABAD: The Accountability Court hearing the Al-Qadir Trust scam case against Pakistan Tehreek-e-Insaf (PTI)...

Updated 23 Oct, 2024 07:36am

Pakistan

Senate sitting adjourned

ISLAMABAD: The first meeting of the Senate, Tuesday, after the passage of the controversial 26th Constitutional...

Published 23 Oct, 2024 07:35am

Pakistan

Gandapur assails passage of 26th Amendment

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur on Tuesday termed the recently passed constitutional...

Published 23 Oct, 2024 07:33am

Pakistan

Spy agency officials deployed in NA, Senate, claims Omar

ISLAMABAD: In a startling revelation, the opposition leader in National Assembly Omar Ayub said on Tuesday that...

Updated 23 Oct, 2024 07:32am

Pakistan

Mengal describes passage of constitutional amendment as ‘political circus’

ISLAMABAD: Balochistan National Party (BNP) leader Akhtar Mengal, in a fiery press conference alongside Majlis...

Published 23 Oct, 2024 07:30am

Editorials

Social sectors and BISP

EDITORIAL: The constant refrain in the International Monetary Fund (IMF) document titled “Pakistan: 2024 Article ...

Updated 23 Oct, 2024 07:13am

Opinion

Strategic use of refugia in Bt cotton cultivation

The implementation of refugia in Bt cotton cultivation is a critical agricultural practice with far-reaching...

Updated 23 Oct, 2024 07:10am

Opinion

Net metering: Balancing the scales—IV

As we concluded in the previous part of this essay, renegotiating the power purchase agreements is difficult, if not...

Updated 23 Oct, 2024 07:07am

Editorials

Yahya Sinwar

EDITORIAL: To its list of assassinations of resistance leaders Israel has added the name of Hamas chief Yahya ...

Updated 23 Oct, 2024 06:58am

Editorials

After Jaishankar’s visit

EDITORIAL: Nawaz Sharif, veteran politician that he is, is wise to identify Indian Foreign Minister S. ...

Updated 23 Oct, 2024 06:57am

Opinion

Pakistan’s economic opportunities in the SCO

Being part of a regional organization greatly benefits countries by improving their global trade position while...

Published 23 Oct, 2024 06:52am

Opinion

Talent dilemma—to be, or not to be…

What a talent. Spectacular, superb. These are some exclamations that we normally hear when we see some extraordinary...

Published 23 Oct, 2024 06:52am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (October 22, 2024) and the forecast for Wednesday (October 23, 2024)...