News Archives for Latest - 2024-11-29

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Archive - 2024-11-29

Europe

Ukraine asks NATO for membership invite next week, letter shows

Ukrainian Foreign Minister Andrii Sybiha has urged his NATO counterparts to issue an invitation at a meeting in...

Published 29 Nov, 2024 11:48pm

World

Israeli army says hit Hezbollah in southern Lebanon

JERUSALEM: The Israeli army said Friday it had struck a Hezbollah rocket launcher in southern Lebanon after...

Published 29 Nov, 2024 11:04pm

Companies

Servers crash, data corrupted as cyber-attack hits Dewan Farooque Motors Limited

Dewan Farooque Motors Limited (DFML) said its corporate data “have been corrupted badly” while “IT servers crashed”...

Updated 29 Nov, 2024 10:36pm

Cricket

ICC talks continue on fate of Pakistan Champions Trophy

KARACHI: The International Cricket Council (ICC) said talks were continuing to settle uncertainty around next year’s...

Updated 29 Nov, 2024 10:36pm

Currency

Rupee stable against US dollar

Currency settles at 278.05 against greenback in inter-bank market

Updated 29 Nov, 2024 10:35pm

Pakistan

PM Shehbaz forms task force to identify people involved in chaos, violence

Prime Minister Shehbaz Sharif on Friday formed a task force to identify and take effective action against those who...

Updated 29 Nov, 2024 10:35pm

Pakistan

FM Dar to attend ECO Council of Ministers meeting in Iran

Deputy Prime Minister and Foreign Minister Ishaq Dar will embark on a two-day visit to Mashhad, Iran, from Monday to...

Updated 29 Nov, 2024 10:01pm

Pakistan

FO dismisses ‘impression’ of UAE visa ban on Pakistani nationals

The Foreign Office (FO) on Friday rejected what it called an “impression” that the United Arab Emirates (UAE) has...

Updated 29 Nov, 2024 09:27pm

Pakistan

EASA ban on PIA flights to Europe lifted, says Khawaja Asif

In 2020, EASA banned PIA from its most lucrative routes in Europe, Britain after PIA plane crash in Karachi killed nearly 100, followed by scandal over pilot licenses
TCO authorisation issued to Airblue Limited as well

Updated 29 Nov, 2024 09:19pm

Energy

Pakistan Petroleum Limited announces new oil & gas discovery in Sujawal

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has made another significant hydrocarbon...

Updated 29 Nov, 2024 08:52pm

Stocks

Record run continues: KSE-100 crosses 101,000 with nearly 1,300-point gain

Banking, energy stocks drive buying rally

Updated 29 Nov, 2024 08:52pm

Money & Banking

Bank of England warns of risks from rise in global trade barriers

LONDON: The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty...

Published 29 Nov, 2024 08:39pm

USA

Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says

European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. imposes...

Published 29 Nov, 2024 08:34pm

Life & Style

Crypto boss eats banana art he bought for $6.2 million

HONG KONG: Crypto entrepreneur Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an...

Published 29 Nov, 2024 08:28pm

Middle East

Saudi Arabia abandons pursuit of US defence treaty over Israel stalemate

RIYADH: Saudi Arabia has abandoned its pursuit of an ambitious defence treaty with Washington in return for...

Published 29 Nov, 2024 08:21pm

Commodities

Gold price per tola gains Rs2,100 in Pakistan

After declining in the previous session, gold prices in Pakistan registered gains on Friday in line with their...

Updated 29 Nov, 2024 08:06pm

Energy

Oil heads for 2% weekly decline as supply risks ease

LONDON: Oil prices were steady on Friday and heading for a weekly drop of more than 2%, pressured by easing concern...

Updated 29 Nov, 2024 08:06pm

Europe

Top Dutch court told to uphold ban on F-35 parts to Israel

THE HAGUE: A landmark ruling which ordered the Netherlands to stop delivering parts for F-35 fighter jets used by...

Published 29 Nov, 2024 06:55pm

South Asia

Bangladeshi politicians urge calm after clashes

DHAKA: Bangladesh’s leading political parties have called for calm following widespread unrest in the country...

Published 29 Nov, 2024 06:46pm

Sports

PCB distances itself from ‘unsanctioned’ junior league in Karachi

Pakistan Cricket Board has taken serious notice of reports that a private company intends to hold a players’ draft...

Published 29 Nov, 2024 06:39pm

Perspectives

Trust deficit hindering Pakistan’s renewable energy growth

The potential of Variable Renewable Energy (VRE) remains largely untapped in Pakistan, even while the country is...

Published 29 Nov, 2024 06:17pm

Stocks

Parkin buoys Dubai; Abu Dhabi extends losses

Dubai’s stock market closed higher on Friday, fuelled by a 15% boost in Parkin Company’s shares after the Roads and...

Published 29 Nov, 2024 06:15pm

Cricket

Tons for Bavuma, Stubbs hand South Africa 515-run lead over Sri Lanka

DURBAN: South Africa’s Tristan Stubbs and captain Temba Bavuma scored centuries as the hosts built an imposing lead...

Published 29 Nov, 2024 06:09pm

Life & Style

Notre-Dame cathedral in Paris set to reopen. Here’s what to know

PARIS: French President Emmanuel Macron will visit renovation works at Paris’ Notre-Dame cathedral on Friday ahead...

Updated 29 Nov, 2024 05:52pm

Middle East

Israeli tanks retreat from central Gaza camp, medics say 30 killed

CAIRO: Israeli military strikes killed at least 30 Palestinians overnight in the Gaza Strip, most of them in the...

Published 29 Nov, 2024 05:43pm

Financial

India’s FX reserves extend losing streak into eighth week, hit 5-month low

MUMBAI: India’s foreign exchange reserves dropped for an eighth consecutive week and stood at a five-month low of...

Published 29 Nov, 2024 05:17pm

Energy

Global LNG: Asian spot LNG gains as colder weather drives demand

SINGAPORE: Asian spot liquefied natural gas (LNG) prices gained for a third consecutive week to hit a new high for...

Published 29 Nov, 2024 05:14pm

Stocks

Sri Lanka shares end higher, mark third straight monthly gain

CSE All Share index settled 0.19% higher at 13,188.99

Published 29 Nov, 2024 05:10pm

Travel

Paris clamps down on Airbnb to ease housing crunch

PARIS: Paris unveiled new regulations Thursday tightening restrictions on holiday apartment rentals, hoping to ease...

Published 29 Nov, 2024 05:06pm

Travel

Dubai: Heineken joint venture set to build Gulf’s first commercial brewery

DUBAI: A Heineken joint venture plans to build the Gulf’s first major commercial brewery in Dubai, the metropolitan...

Published 29 Nov, 2024 04:57pm

South Asia

India GDP growth slows to 5.4% in September quarter

NEW DELHI: India’s economic growth slowed to 5.4 percent year-on-year in the September quarter, official data showed...

Published 29 Nov, 2024 04:58pm

Europe

German govt seeks to buy 4 submarines for $5bn to boost NATO

BERLIN: German Defence Minister Boris Pistorius wants to order four new submarines to help meet NATO’s security...

Published 29 Nov, 2024 04:54pm

Middle East

Israeli bus attacked in West Bank, at least eight injured

JERUSALEM: A man opened fire on an Israeli bus near the Jewish settlement of Ariel in the occupied West Bank,...

Published 29 Nov, 2024 04:39pm

Petroleum products’ prices likely to be increased

ISLAMABAD: The federal government is considering a potential increase in petroleum product prices for the fortnight...

Updated 29 Nov, 2024 04:32pm

Stocks

Reliance, pharma stocks lead Indian shares’ rebound to log weekly gains

India’s benchmark indexes jumped nearly 1% on Friday, recouping a large chunk of their losses from the prior session...

Published 29 Nov, 2024 04:29pm

Commodities

Copper edges up on China optimism but remains set for monthly decline

LONDON: Copper prices were steady on Friday, supported by emerging signals of firmer demand in top metals consumer...

Published 29 Nov, 2024 04:26pm

Pakistan

PM Shehbaz reiterates support for Palestinians’ right to self-determination

World observes International Day of Solidarity with the Palestinian People today

Updated 29 Nov, 2024 04:25pm

Commodities

Palm rises for fifth session, logs weekly gain

KUALA LUMPUR: Malaysian palm oil futures rose for a fifth straight session and booked a weekly gain on Friday, amid...

Published 29 Nov, 2024 04:23pm

New IPP deals: PM tasks Fatemi to address Siemens’ grievances

Siemens has invested substantial sums to establish Rousch Pakistan Power Limited (RPPL)

Updated 29 Nov, 2024 04:05pm

Recorder headlines

Published 29 Nov, 2024 04:01pm

Tax-related cases: CJP wants dedicated benches for speedy justice

ISLAMABAD: Chief Justice Yahya Afridi wants dedicated benches for expeditious disposal of tax-related cases....

Updated 29 Nov, 2024 04:00pm

Defence, trade, health and energy: Trump Admin engagement plan in final stages

Representatives from all ministries requested to give their feedback/updates on the status of pending issues as well as any new proposals for the new US government in writing

Updated 29 Nov, 2024 03:59pm

Business & Finance

Hot Wheels, G.I. Joes aplenty on Shein, Temu amid worry over fake products

NEW YORK: Fast-growing specialty e-commerce sites such as PDD’s Temu and its rival Shein are branching deeper into...

Published 29 Nov, 2024 03:57pm

TA and lending programme: ADB wing says highest level of divergence displayed

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) said that Pakistan...

Updated 29 Nov, 2024 02:26pm

Sports

South Korean amateur Yang shines at Australian Open

MELBOURNE: With ample South Korean talent marching down the Australian Open fairways, there was no surprise that one...

Published 29 Nov, 2024 02:26pm

EFS benefits over 1,500 exporters with duty, tax-free imports

ISLAMABAD: Over 1500 exporters are enjoying the facility of duty and tax free imports under the Export Facilitation...

Updated 29 Nov, 2024 02:24pm

‘No exemption can be granted’: PPRA turns down NADRA’s proposal on restoration of NA Hall

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has refused to entertain National Database and...

Updated 29 Nov, 2024 02:24pm

In violation of IMF’s EFF: Ministry drafts incentive plan for semiconductor industry

ISLAMABAD: In violation of the International Monetary Fund (IMF) ongoing Extended Fund Facility (EFF) program,...

Updated 29 Nov, 2024 02:23pm

Stocks

STOXX 600 muted ahead of inflation data, eyes first monthly gain in three

Europe’s STOXX 600 opened on a muted note on the final day of a turbulent week, with investors assessing France’s...

Published 29 Nov, 2024 01:50pm

Commodities

Global aluminium producers seek Q1 Japan premiums of $230-$260, sources say

TOKYO: Global aluminium producers have offered Japanese buyers premiums of $230-$260 per metric ton for...

Published 29 Nov, 2024 12:43pm

Forex

South African rand firms ahead of key economic data

JOHANNESBURG: South Africa’s rand firmed in early trade on Friday ahead of a day packed with local economic data,...

Published 29 Nov, 2024 12:41pm

Life & Style

Robbie Williams hopes ‘Better Man’ film will help viewers heal

LONDON: British singer-songwriter Robbie Williams’ turbulent life story served as inspiration for the musical movie...

Published 29 Nov, 2024 12:38pm

Sports

Simona Halep questions handling of her doping case after Swiatek’s one-month ban

BENGALURU: Simona Halep questioned the “big difference” in how doping cases are treated after world number two Iga...

Published 29 Nov, 2024 12:33pm

Europe

Ukraine’s air force says it shot down 88 Russian drones overnight

KYIV: Ukraine’s air force said on Friday Russia launched 132 drones to attack the country overnight, in a statement...

Published 29 Nov, 2024 12:15pm

Asia

Crane collapse in Thailand kills three, injures 10

BANGKOK: A crane collapsed at a construction site just outside Thailand’s capital on Friday, killing three workers...

Published 29 Nov, 2024 12:07pm

World

Brazil’s Bolsonaro hoping Trump will aid political comeback: report

WASHINGTON: Brazil’s ex-president Jair Bolsonaro is hoping that incoming US leader Donald Trump will support his...

Published 29 Nov, 2024 12:05pm

Asia

Japan PM says will have ‘frank discussions’ with Trump

TOKYO: Japan’s prime minister said Friday he will have “frank discussions” with US president-elect Donald Trump,...

Published 29 Nov, 2024 12:03pm

Europe

Russian defence minister in North Korea for security talks

MOSCOW: Russian Defence Minister Andrei Belousov arrived in North Korea on Friday for military discussions, Russia’s...

Published 29 Nov, 2024 12:01pm

Sports

Liverpool look to deepen Man City crisis, Amorim seeks first Premier League win

LIVERPOOL: Liverpool can take another giant step towards just a second English top-flight title in 35 years against...

Published 29 Nov, 2024 11:57am

Sports

‘Hot fight’ as unbeaten Bayern visit Dortmund fortress

DORTMUND: Borussia Dortmund goalkeeper Gregor Kobel promised “a hot fight” when unbeaten league leaders Bayern...

Published 29 Nov, 2024 11:49am

Commodities

Palm tracks stronger Dalian oils, set for weekly gain

KUALA LUMPUR: Malaysian palm oil futures rose for a fifth consecutive session and were on track for a weekly gain on...

Published 29 Nov, 2024 11:34am

Europe

Iran, Europeans meet to test diplomacy with Trump term looming

GENEVA: European and Iranian diplomats meet on Friday to discuss whether they can engage in serious talks in the...

Published 29 Nov, 2024 11:12am

Europe

Protesters clash with Georgian police over government’s EU application delay

TBILISI: Police clashed with protesters in the Georgian capital Tbilisi early on Friday, after the country’s ruling...

Published 29 Nov, 2024 11:06am

Business & Finance

Australia gives interim approval for Virgin-Qatar Airways alliance

Australia’s competition watchdog said on Friday it had given Virgin Australia and Qatar Airways interim approval to...

Published 29 Nov, 2024 11:01am

Stocks

South Korean shares set to post worst month since Jan on US tariff worries

The benchmark KOSPI dropped 50.90 points, or 2.03%, to 2,453.77

Published 29 Nov, 2024 10:58am

Markets

IGI Holdings warns against fraudulent activities misusing IGI Finex Securities name

IGI Holdings Limited (IGIHL), an investment holding company and part of the Packages Group, has informed its...

Published 29 Nov, 2024 10:58am

Stocks

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets

SYDNEY: Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local...

Published 29 Nov, 2024 10:54am

World

Australia’s world-first social media ban for children under 16 attracts mixed reaction

SYDNEY: Australians reacted on Friday with a mixture of anger and relief to a social media ban on children under 16...

Published 29 Nov, 2024 10:51am

Forex

China’s yuan to snap 8-week losing streak; Trump worries linger

SHANGHAI: China’s yuan edged up on Friday against a soft dollar, on track for its first weekly gain in two months...

Published 29 Nov, 2024 10:34am

Stocks

China stocks set for monthly gain on hopes of better Beijing data, fresh stimulus

HONG KONG: Chinese stocks rallied on Friday, and were set for monthly gains, on hopes of factory data this weekend...

Published 29 Nov, 2024 10:33am

Bullion Rate

Gold set for weekly decline; market awaits more US data

Gold traded flat on Friday and was poised for a weekly decline as markets awaited key US economic data, which are...

Published 29 Nov, 2024 10:30am

Sports

England lose three early wickets after dismissing NZ for 348

England lost Zak Crawley, Jacob Bethell and Joe Root cheaply to reach lunch on 45-3 after finally bowling out New...

Published 29 Nov, 2024 10:28am

Stocks

Australian shares decline as financials weigh

Financials dragged Australian shares down on Friday after logging a record high in the previous session, while...

Published 29 Nov, 2024 10:24am

Forex

Australia, NZ dollars take stock after telling week for rates

SYDNEY: The Australian and New Zealand dollars were becalmed on Friday as a US holiday drained the market of...

Published 29 Nov, 2024 10:22am

Mutual Funds

India bond yields unchanged before GDP data, debt auction

MUMBAI: Indian government bond yields were largely unchanged in early deals on Friday as market participants awaited...

Published 29 Nov, 2024 10:19am

Stocks

Indian shares set to open higher after steepest decline in two months

Indian shares are expected to open slightly higher on Friday after their steepest drop in nearly two months in the...

Published 29 Nov, 2024 10:17am

Stocks

Japan’s Nikkei falls on stronger yen as investors ponder BOJ rate hike

TOKYO: Japan’s Nikkei share average fell on Friday as the yen strengthened on growing expectations for an interest...

Published 29 Nov, 2024 10:15am

Forex

Yen surges to 150 per dollar amid growing BOJ rate hike bets

TOKYO: The yen jumped as much as 1% to a six-week high at 150 per dollar on Friday, after faster than expected...

Published 29 Nov, 2024 10:10am

Contesting multiple seats: Constitutional bench dismisses plea seeking ban

ISLAMABAD: The Constitutional Bench of the Supreme Court dismissed a petition seeking to ban the candidates from...

Updated 29 Nov, 2024 09:30am

Transforming economic landscape: Govt going to unveil ‘home- grown plan’: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said that the government is going to unveil a “home grown plan”...

Updated 29 Nov, 2024 09:29am

Investment, privatization: Meeting held to review progress

ISLAMABAD: In light of the recent visit of a high-level Pakistani delegation to Azerbaijan, an important review...

Updated 29 Nov, 2024 09:06am

Pakistan

Sindh minister says govt has unveiled comprehensive plan to address power challenges

KARACHI: Sindh Minister for Energy, Planning and Development Syed Nasir Shah has said that, Sindh government is...

Updated 29 Nov, 2024 08:55am

BR Research

It always begins with December

Window dressing of balance sheet items around the reporting period is probably one of the few universal practices in...

Published 29 Nov, 2024 08:54am

Pakistan

CG describes UAE-Pakistan friendship as shining example

KARACHI: Consul General of the United Arab Emirates (UAE) Bakheet Ateeq Al Rumeithi, while addressing an event...

Published 29 Nov, 2024 08:40am

Pakistan

56th poliovirus latest case reported in DIK

ISLAMABAD: Pakistan has reported 56th poliovirus case of the year, the latest case was registered in DI Khan ...

Published 29 Nov, 2024 08:46am

BR Research

Frontier Ceramics Limited

Frontier Ceramics Limited (PSX: FRCL) was incorporated in Pakistan as a public limited company in 1982. The company...

Published 29 Nov, 2024 08:46am

Pakistan

Alkhidmat holds free medical camp for inmates of Malir Jail

KARACHI: Alkhidmat Karachi has recently organised a free medical camp for inmates of Malir Jail, providing essential...

Published 29 Nov, 2024 08:45am

Pakistan

May 9 cases: ATC issues arrest warrants of 11 PTI leaders

KARACHI: Anti-Terrorism Court in Karachi on Thursday issued arrest warrants of 11 PTI leaders in May 9 cases. During...

Published 29 Nov, 2024 08:43am

BR’s refresher: your morning briefing for the day

Important updates from November 28, 2024

Published 29 Nov, 2024 08:43am

Pakistan

Hajj dues collection: Banks to remain open this weekend

KARACHI: The State Bank of Pakistan (SBP) has announced that the branches of designated banks will remain open on...

Published 29 Nov, 2024 08:42am

Pakistan

CDA chief highlights investor-friendly policies

ISLAMABAD, Nov 28: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa, on Thursday, highlighted the...

Published 29 Nov, 2024 08:41am

Pakistan

Closing ceremony of 44th PARA Central Meet held

ISLAMABAD: Closing ceremony of 44th Pakistan Army Rifle Association (PARA) Central Meet was held on Thursday at Army...

Published 29 Nov, 2024 08:36am

Pakistan

CM approves outsourcing of 'Solid Waste Management'

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif approved in-principle outsourcing plan of Solid Waste Management...

Published 29 Nov, 2024 08:35am

Pakistan

Customs confiscation raises questions about transparency

LAHORE: A recent vehicle confiscation has raised questions about the effectiveness of customs enforcement and the...

Updated 29 Nov, 2024 08:33am

Pakistan

Election tribunal case’s verdict rescheduled to Tuesday

ISLAMABAD: The poll body has revised - from today (Friday) to the coming Tuesday - the date of verdict announcement...

Published 29 Nov, 2024 08:30am

Pakistan

FIA arrests key suspect in Azma’s video case

LAHORE: Federal Investigation Agency (FIA)’s Cyber Crimes Unit has arrested a key suspect Ali Hassan Toor in...

Published 29 Nov, 2024 08:28am

Pakistan

Four terrorists killed in Khyber districts

ISLAMABAD: Security forces conducted an intelligence-based operation in general area Bagh, Khyber District on...

Published 29 Nov, 2024 08:27am

Pakistan

Future of over 3m Afghanistan refugees uncertain

ISLAMABAD: The future of over three million Afghanistan refugees residing legally in Pakistan remains uncertain, as...

Published 29 Nov, 2024 08:25am

Pakistan

Indus Basin project: Govt to launch Flood Management Enhancement

ISLAMABAD: Federal government would launch Flood Management Enhancement in the Indus Basin project at a cost of...

Published 29 Nov, 2024 08:24am

Pakistan

Imran and Bushra: Hearing of Al-Qadir Trust case adjourns till Dec 2

ISLAMABAD: The Accountability Court, on Thursday, adjourned the hearing of the Al-Qadir Trust case against Pakistan...

Published 29 Nov, 2024 08:23am

Pakistan

Japan to provide Rs26.5m grant to two NGOs for projects in Sindh

KARACHI: The Government of Japan has decided to provide grant assistance up to $95,311 (equivalent to Rs 26.5...

Published 29 Nov, 2024 08:21am

Pakistan

LHC grants protective bail to Salman Raja

LAHORE: The Lahore High Court on Thursday granted protective bail to PTI Secretary General Salman Akram Raja till...

Published 29 Nov, 2024 08:20am

Pakistan

LHCBA condemns violence against PTI workers

LAHORE: The Lahore High Court Bar Association (LHCBA) on Thursday condemned the violence against PTI workers during ...

Published 29 Nov, 2024 08:19am

Pakistan

Maryam welcomes PSX crossing historic milestone

LAHORE: “Pakistan Stock Exchange has become world's best performing equity market,” said Chief Minister Punjab...

Published 29 Nov, 2024 08:17am

Taxes

Immovable properties in Karachi: No cut in values offered in new valuation table

ISLAMABAD: The Federal Board of Revenue’s (FBR) field office has categorically clarified that no reduction in...

Published 29 Nov, 2024 08:15am

Money & Banking

Bank Makramah achieves major milestone as net assets to increase by Rs29.39bn

KARACHI: Bank Makramah Limited (BML) has achieved a major milestone in its journey toward strengthening its capital...

Published 29 Nov, 2024 08:14am

Industry

CCP approves Millat Equipment-Millat Tractors merger

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the merger of the Millat Equipment...

Published 29 Nov, 2024 08:12am

Industry

LCCI praises ministry for releasing imported chemicals from ports

LAHORE: The Lahore Chamber of Commerce & Industry has expressed deep appreciation to the Ministry of Energy’s...

Published 29 Nov, 2024 08:10am

Commodities

Gold prices fall

KARACHI: The local gold prices lost some momentum on Thursday after the global market's slight fall, traders said....

Published 29 Nov, 2024 07:43am

Pakistan

Minister says new sanitation system to beautify Punjab

LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that the new sanitation system will develop Punjab's...

Published 29 Nov, 2024 07:43am

World

Trump, Sheinbaum discuss migration in Mexico amid tariff threat

WASHINGTON: Presidentelect Donald Trump said Mexican President Claudia Sheinbaum had agreed Wednesday to “stop”...

Updated 29 Nov, 2024 07:41am

Pakistan

Murad orders completion of projects launched with foreign aid

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, presiding over a meeting to review the progress of Foreign...

Published 29 Nov, 2024 07:39am

Pakistan

Al-Qadir Trust case: NAB decides to arrest Bushra Bibi

ISLAMABAD: The National Accountability Bureau (NAB) has decided to arrest the Pakistan Tehreek-e-Insaf (PTI) ...

Published 29 Nov, 2024 07:35am

Energy

NTDC energises another 250MVA autotransformer

LAHORE: To enhance its power transmission capacity, the National Transmission and Despatch Company (NTDC) has...

Published 29 Nov, 2024 07:33am

Pakistan

Pakistan, World Bank agree to address smog issue

ISLAMABAD: Pakistan and the World Bank have agreed to address the issue of smog through mutual cooperation. This ...

Published 29 Nov, 2024 07:32am

Industry

PCMEA requests Jam to grant customs tariff relief

ISLAMABAD: The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) met with Federal Minister for...

Published 29 Nov, 2024 07:30am

Pakistan

Plan undertaken to make capital pollen allergy free

ISLAMABAD: The Ministry of National Health Service and Regulations in collaboration with other stakeholders has...

Published 29 Nov, 2024 07:27am

Pakistan

Palestinian people: President condemns unabated Israel's aggression

ISLAMABAD: President Asif Ali Zardari strongly condemned the unabated Israel's aggression and reiterated the call ...

Published 29 Nov, 2024 07:25am

Pakistan

PTI blamed for inciting violence, endangering public safety

ISLAMABAD: The government condemned the recent unrest in Islamabad, blaming “a political group” (Pakistan...

Updated 29 Nov, 2024 07:22am

Pakistan

Rain, thunderstorms, snow likely today

KARACHI: A westerly weather system is set to bring rain, thunderstorms, and snowfall to various regions form Friday...

Updated 29 Nov, 2024 07:20am

Commodities

Sargodha division achieves 86pc of wheat sowing target

LAHORE: The Sargodha division has achieved 86 percent of its wheat sowing target for the current season as 1.5...

Published 29 Nov, 2024 07:18am

Industry

SECP identifies another illegal trading platform operating as ‘IGIL Securities’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has identified another illegal trading platform...

Published 29 Nov, 2024 07:16am

Pakistan

SU marks ‘Sindh Culture Day’ with great zeal

HYDERABAD: The University of Sindh, Jamshoro on Thursday came alive with vibrant celebrations of ‘Sindh Culture...

Published 29 Nov, 2024 07:15am

Pakistan

DUHS convocation held: Tessori says need to keep pace with rapidly progressing world

KARACHI: Governor of Sindh and Chancellor of Dow University of Health Sciences, Kamran Khan Tessori, while ...

Published 29 Nov, 2024 07:12am

Pakistan

Matiullah given into two-day police remand

ISLAMABAD: An Anti-Terrorism Court (ATC) on Thursday handed over senior journalist Matiullah Jan on a two-day...

Published 29 Nov, 2024 07:10am

Technology

‘Digital community struggling to maintain their livelihoods’

ISLAMABAD: Five months into widespread internet disruptions, Pakistan’s digital community remains trapped in a web...

Published 29 Nov, 2024 07:07am

Companies

Modernization: Meezan Bank partners with Systems and Temenos

KARACHI: Meezan Bank has partnered with Systems Limited and Temenos to modernize its core banking platform. The...

Published 29 Nov, 2024 07:03am

Technology

Over 38m phishing attacks launched during 2024

ISLAMABAD: The cybercriminals launched over 38 million phishing attacks, impersonating major marketplaces, banks, ...

Published 29 Nov, 2024 07:00am

Sports

70pc upgradation work of Gaddafi Stadium completed

LAHORE: About 70 percent work of Gaddafi Stadium up-gradation project has been completed. This was stated during a...

Published 29 Nov, 2024 06:55am

Letters

Elon Musk aimed at bending the universe

The secret of Mr Trump’s admiration for Elon Musk became clear to this writer during an interview where Trump...

Published 29 Nov, 2024 06:52am

Opinion

The paradox of oversight: how HEC hinders progress in academia

Higher education plays a vital role in shaping both individual and societal growth. It equips young people with...

Published 29 Nov, 2024 06:34am

Opinion

Behind Trump’s comeback: ballot or bullet?

The right to bear arms was enshrined in the US Constitution in the year 1787. Since then, the citizens have enjoyed...

Published 29 Nov, 2024 06:28am

Opinion

Carbon emitters, climate finance, and climate justice

In the just concluded COP29 meetings in Baku, Azerbaijan, there was serious deadlock over the climate finance...

Published 29 Nov, 2024 06:21am

Opinion

Climate change & finance strategy

This new finance goal is an insurance policy for humanity, amid worsening climate impacts hitting every country. But...

Published 29 Nov, 2024 06:16am

Opinion

PARTLY FACETIOUS: Redefining ‘dharna’

“I propose that Gandapur be appointed as Chief Linguist with the status of a full federal minister.” ...

Published 29 Nov, 2024 05:50am

Editorials

Crisis has been stalled but it’s far from over

EDITORIAL: After heavy volatility last week, the KSE-100 finally touched the milestone of 100k mark. The current...

Published 29 Nov, 2024 06:07am

Editorials

The high price of digital clampdowns

EDITORIAL: Last week saw the State Minister for Information Technology Shaza Fatima presenting a detailed five-year...

Published 29 Nov, 2024 06:03am

Pakistan

The Weather

KARACHI: The weather report on Thursday (November 28, 2024) and the forecast for Friday (November 29, 2024)...

Published 29 Nov, 2024 05:50am

Europe

Recount order, TikTok claims throw Romania election into chaos

BUCHAREST: Romania’s presidential election was thrown into chaos Thursday as a court ordered a recount of...

Published 29 Nov, 2024 05:50am

Middle East

Lebanon MPs seek end to leadership vacuum with January presidency vote

BEIRUT: Lebanon’s parliament will meet on January 9 to elect a new president, seeking to end more than two years...

Published 29 Nov, 2024 05:50am

Europe

Ukraine imposes first wartime tax hikes to fight Russian invasion

KYIV: President Volodymyr Zelenskiy signed into law on Thursday Ukraine’s first wartime tax increases as the war...

Published 29 Nov, 2024 05:50am

South Asia

Six children among 12 killed in Sri Lanka, storm heads to India

COLOMBO: Sri Lankan rescuers on Thursday recovered the drowned corpses of six children, taking the number killed in...

Published 29 Nov, 2024 05:50am

Middle East

Iran general killed in Syria clashes

TEHRAN: A general in Iran’s Revolutionary Guards was killed in Syria on Thursday during fighting between Syrian...

Published 29 Nov, 2024 05:50am

Pakistan

FAST Cables and UMT organise ‘FAST Forward Sustainable Development’ Forum

LAHORE: FAST Cables organised the “FAST Forward Sustainable Development” forum on Thursday, at the University of...

Published 29 Nov, 2024 05:50am

Pakistan

MoU inked on provision of plots of land to journalists in Lahore

LAHORE: Punjab Chief Minister Maryam Nawaz announced significant progress in the initiative to allot plots to 3,200...

Published 29 Nov, 2024 05:50am

Pakistan

‘Minority Card’ to be issued on Dec 20: minister

LAHORE: Provincial Minister for Minority Affairs, Ramesh Singh Arora, chaired a crucial consultative meeting with...

Published 29 Nov, 2024 05:50am

Pakistan

Master plan of Nawaz Cancer Hospital finalized

LAHORE: Necessary changes in the master plan of Nawaz Sharif Institute of Cancer Treatment and Research, purchase of...

Published 29 Nov, 2024 05:50am

Pakistan

There has been significant rise in terrorism-related violence this year: data

ISLAMABAD: Pakistan has witnessed a significant increase in terrorism-related violence during 2024, with 710...

Published 29 Nov, 2024 05:50am

Pakistan

CPJ condemns killing of PPC GS

NEW YORK: Unidentified shooters opened fire on civilian vehicles, killing at least 42 people, including Janan...

Published 29 Nov, 2024 05:50am

Pakistan

UNESCO organises consultation on media and information literacy in Karachi

KARACHI: UNESCO in collaboration with Media Foundation 360, organised its second provincial consultation at DHA ...

Published 29 Nov, 2024 05:50am

Pakistan

ECP lists two PTI cases for hearing on Dec 4

ISLAMABAD: The electoral entity has fixed two cases related to Pakistan Tehreek-e-Insaf (PTI)—the intra-party...

Published 29 Nov, 2024 05:50am

Pakistan

Clashes among warring groups in Kurram continue

PESHAWAR: Clashes among the warring groups in the volatile tribal district Kurram continued as two more dead and six...

Published 29 Nov, 2024 05:50am

Pakistan

8 cases registered against IK, Bushra, others

ISLAMABAD: The capital police registered eight cases against Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran...

Published 29 Nov, 2024 05:50am

Pakistan

PTI protest: IHC issues notices in contempt petition

ISLAMABAD: The Islamabad High Court (IHC) issued notices in contempt petition against Pakistan Tehreek-e-Insaf (PTI)...

Published 29 Nov, 2024 05:50am

Pakistan

Karachi Education City: Board approves construction of infrastructure and other facilities

KARACHI: A key meeting of the Board of Directors of Karachi Education City was held on Thursday under the joint...

Published 29 Nov, 2024 05:50am

Pakistan

Gandapur, Bushra reach Peshawar

PESHAWAR: Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur and wife of former prime minister and Pakistan...

Published 29 Nov, 2024 05:50am

Middle East

Israel, Hezbollah trade accusations of ceasefire violations

BEIRUT: The Israeli military said its air force struck a facility used by Hezbollah to store mid-range rockets in...

Published 29 Nov, 2024 05:50am

Pakistan

Balochistan PA demands federal govt ban PTI

KARACHI: In a session marked by stark division, the Balochistan Assembly on Thursday approved a resolution, tabled ...

Published 29 Nov, 2024 05:50am

Pakistan

IK may replace Gohar with Asad as chairman

ISLAMABAD: In a bid to remain steadfast in his crusade against the powerful military establishment’s never ending...

Published 29 Nov, 2024 05:50am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (November 28, 2024). ==================================== ...

Published 29 Nov, 2024 05:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (November 28, 2024). ======================================= ...

Published 29 Nov, 2024 05:50am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (November 28, 2024)...

Published 29 Nov, 2024 05:50am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 28, 2024)....

Published 29 Nov, 2024 05:50am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (November 28, 2024)....

Published 29 Nov, 2024 05:50am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (November 28, 2024). ======================== Open ...

Published 29 Nov, 2024 05:50am

Forex

Open market rates of foreign currencies

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

Published 29 Nov, 2024 05:50am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (November 28, 2024). ========================== KIBOR...

Published 29 Nov, 2024 05:50am

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 29 Nov, 2024 05:50am

Rates

LME official prices

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

Published 29 Nov, 2024 05:50am

Stocks

Governor visits PSX, congratulates members

KARACHI: On the historic day of achievement of 100,000 points mark, Governor Sindh, Kamran Tessori visited Pakistan...

Published 29 Nov, 2024 05:50am

Cotton & Textile

Leading buyers conspicuous by their absence

LAHORE: The local cotton market on Thursday remained steady and the trading volume remained low. Cotton Analyst...

Published 29 Nov, 2024 05:50am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (November 28, 2024)...

Published 29 Nov, 2024 05:50am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 142,445 tonnes of cargo comprising 98,490 tonnes of import cargo and 43,955...

Published 29 Nov, 2024 05:50am

Energy

Oil up as Israel, Hezbollah trade accusations of ceasefire violation

LONDON: Oil prices ticked up on Thursday after Israel and Lebanese armed group Hezbollah traded accusations their...

Published 29 Nov, 2024 05:50am

Stocks

Japan’s Nikkei ends higher

TOKYO: Japan’s Nikkei share average reversed course to end higher on Thursday after two straight sessions of ...

Published 29 Nov, 2024 05:50am

Stocks

China stocks drop on heightened trade tensions

HONG KONG: China and Hong Kong stocks fell on Thursday, as investors feared an escalation of the trade war with the...

Published 29 Nov, 2024 05:50am

Stocks

Tech stocks spark Europe market rebound

PARIS: Tech stocks spearheaded a rebound in European shares on Thursday, after a two-day slump fuelled by worries...

Published 29 Nov, 2024 05:50am

Stocks

Sri Lanka shares end higher led by IT gains

COLOMBO: Sri Lankan shares closed higher on Thursday, aided by gains in IT and consumer discretionary stocks. The...

Published 29 Nov, 2024 05:50am

Stocks

Insurance stocks lead gains in London, Direct Line jumps

LONDON: The UK’s domestically focused mid-cap FTSE 250 ended higher on Thursday, while the main FTSE stock index...

Published 29 Nov, 2024 05:50am

Rates

PSX surpasses 0.1m mark: Investors earn 150pc in just 16 months

KARACHI: Pakistan Stock Exchange has surpassed historic milestone of 100,000 mark, reflecting a 150 percent return ...

Published 29 Nov, 2024 05:50am

Pakistan

Govt will create Anti-Riots Force: PM

ISLAMABAD: In a bid to tackle violent protests in the country particularly in the federal capital, Prime Minister...

Published 29 Nov, 2024 05:50am

Rates

PSX crosses 0.1m milestone

KARACHI: Pakistan Stock Exchange on Thursday achieved historic milestone crossing 100,000 mark for the first time in...

Published 29 Nov, 2024 05:50am

Business & Finance

EU must cooperate with Trump to avoid trade war: ECB chief

FRANKFURT: The European Union must cooperate with Donald Trump to avoid a trade war in light of the US...

Published 29 Nov, 2024 05:50am

Commodities

Gold climbs on safe-haven demand

BENGALURU: Gold prices rose on Thursday as geopolitical uncertainty and trade war concerns boosted safe-haven ...

Published 29 Nov, 2024 05:50am

Commodities

Copper slides on stronger dollar, demand concerns

LONDON: Copper prices dropped below $9,000 a metric ton on Thursday, weighed down by a stronger dollar, concern over...

Published 29 Nov, 2024 05:50am

Commodities

Farmers in Brazil growing more cotton, less corn

LUIS EDUARDO MAGALHAES, (Brazil): Farmers in Brazil’s most recent agricultural expansion region are planting more...

Published 29 Nov, 2024 05:50am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 22.860...

Published 29 Nov, 2024 05:50am

Commodities

Iron ore moves sideways

SINGAPORE: Iron ore futures prices traded within a narrow range on Thursday after investors balanced stronger...

Published 29 Nov, 2024 05:50am

Commodities

Malaysian palm oil rises on bargain buying

KUALA LUMPUR: Malaysian palm oil futures rose for a fourth straight session on Thursday, buoyed by stronger rival...

Published 29 Nov, 2024 05:50am

Commodities

Vietnam coffee prices rise further

HANOI/BANDAR LAMPUNG, (Indonesia): Domestic coffee prices in Vietnam rose further this week on strong global prices,...

Published 29 Nov, 2024 05:50am

Money & Banking

Asian currencies: Indonesian rupiah gains

BENGALURU: The Indonesian rupiah advanced on Thursday as results of local elections eased worries about political...

Published 29 Nov, 2024 05:50am

Industry

Chairman’s election: PSMA’s SG removed over dispute on papers submitted to DGTO

ISLAMABAD: The Chairman (Central) of Pakistan Sugar Mills Association (PSMA), Abbas Sarfaraz Khan, has terminated ...

Published 29 Nov, 2024 05:50am

Business & Finance

Forex reserves surpass $16bn mark

KARACHI: The country’s total liquid foreign exchange reserves surpassed the $16 billion mark at the end of last...

Published 29 Nov, 2024 05:50am

Business & Finance

Climate programme: SBP receives $500m loan from ADB

KARACHI: Pakistan on Thursday received inflows amounting to $500 million as loan from the Asian Development Bank...

Published 29 Nov, 2024 05:50am

Industry

Outdated drug laws hindering growth potential of Pakistan’s pharmaceutical sector

KARACHI: The pharmaceutical sector, a vital component of Pakistan’s healthcare system, is grappling with challenges...

Published 29 Nov, 2024 05:50am

Money & Banking

Euro eases, dollar perks up

NEW YORK: The euro dipped against the dollar on Thursday as traders reined in bets of more interest rate cuts by the...

Published 29 Nov, 2024 05:50am

World

Putin threatens Kyiv with new hypersonic missile

KYIV: President Vladimir Putin on Thursday threatened to strike “decision-making centres” in Kyiv with Russia’s new...

Published 29 Nov, 2024 12:26am

Europe

France arrests 26 as South Asian migrant trafficking ring smashed

PARIS: French authorities arrested 26 people and seized 11 million euros ($12 million) as they smashed a migrant...

Published 29 Nov, 2024 12:14am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 13	277.85
USD PKR Interbank Buying / Aug 13	277.65
USD to Japanese Yen / Aug 14	159.27
USD to Swiss Franc / Aug 14	0.81
Pound Sterling to USD / Aug 14	1.35
Euro to USD / Aug 14	1.15
SOFR % / Aug 13	3.62

Stock	Volume
S&P 500 / Aug 13	7,798.99
Nasdaq / Aug 13	26,803.03
Dow Jones / Aug 13	53,839.99
India Sensex / Aug 14	77,758.30
Tokyo Nikkei / Aug 14	68,889.01
Hang Seng / Aug 14	25,175.06
FTSE 100 / Aug 14	10,748.76
Germany DAX 30 / Aug 14	26,458.86
France CAC40 / Aug 14	8,654.26

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 13	18,580
Gold 10 Grams PKR / Aug 13	394,749
Petrol/Litre / Aug 14	325.43
Crude Oil USD/Barrel / Aug 14	81.63
Gold Spot USD/Ounce / Aug 14	4,330.09
Diesel/Litre / Aug 14	383.95
Cotton US¢/pound / Aug 14	83.44

Gainers
Losers
Leaders

Stock	Price
Gammon Pak / Aug 13 Gammon Pakistan Limited(GAMON)	28.25 ▲ 2.57 (10.01%)
Ideal Dynamics / Aug 13 Ideal Dynamics Limited(IDEAL)	49.13 ▲ 4.47 (10.01%)
Leather Up Ltd. / Aug 13 Leather Up Limited(LEUL)	49.58 ▲ 4.51 (10.01%)
Al-Khair Gadoon / Aug 13 Al-Khair Gadoon Limited(AKGL)	79.51 ▲ 7.23 (10%)
Arctic Textile / Aug 13 Arctic Textile Mills Limited(ARCTM)	47.19 ▲ 4.29 (10%)
Aisha Steel (CPS) / Aug 13 Aisha Steel Mills Limited (CPS)(ASLCPS)	114.83 ▲ 10.44 (10%)
Asim Textile / Aug 13 Asim Textile Mills Limited(ASTM)	90.50 ▲ 8.23 (10%)
Buxly Paints / Aug 13 Buxly Paints Limited(BUXL)	336.04 ▲ 30.55 (10%)
J.A.Textile / Aug 13 J.A. Textile Mills Limited(JATM)	68.84 ▲ 6.26 (10%)
MACPAC Films / Aug 13 MACPAC Films Limited(MACFL)	73.07 ▲ 6.64 (10%)

Stock	Price
Supernet Tech. / Aug 13 Supernet Technologies Limited(STL)	29.87 ▼ -11.86 (-28.42%)
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	13.56 ▼ -1.51 (-10.02%)
Universal Ins. / Aug 13 The Universal Insurance Company Limited(UVIC)	20.71 ▼ -2.3 (-10%)
Mughal Energy / Aug 13 Mughal Energy Limited(GEM)(GEMMEL)	27.20 ▼ -2.72 (-9.09%)
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	5.11 ▼ -0.46 (-8.26%)
Tri-Star Mutual / Aug 13 Tri-Star Mutual Fund Limited(TSMF)	17.14 ▼ -1.43 (-7.7%)
Asia Ins. / Aug 13 Asia Insurance Company Limited(ASIC)	39.82 ▼ -3.18 (-7.4%)
ARM Green Industries / Aug 13 ARM Green Industries Limited(ARMG)	55.60 ▼ -4.43 (-7.38%)
Shadman Cotton / Aug 13 Shadman Cotton Mills Limited(SHCM)	64.02 ▼ -4.9 (-7.11%)
Pak Tobacco / Aug 13 Pakistan Tobacco Company Limited(PAKT)	1,364.29 ▼ -96.5 (-6.61%)

Stock	Volume
Cnergyico PK / Aug 13 Cnergyico PK Limited(CNERGY)	247,072,281 ▲ 0.57
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	103,802,064 ▼ -0.46
Pak Refinery / Aug 13 Pakistan Refinery Limited(PRL)	40,235,369 ▲ 5.93
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	39,092,471 ▼ -1.51
WorldCall Telecom / Aug 13 Worldcall Telecom Limited(WTL)	26,025,744 ▲ 0.01
Thatta Cement / Aug 13 Thatta Cement Company Limited(THCCL)	19,608,245 ▲ 3.36
B.O.Punjab / Aug 13 The Bank of Punjab(BOP)	16,204,913 ▲ 0.18
Hascol Petrol / Aug 13 Hascol Petroleum Limited(HASCOL)	15,337,298 ▼ -0.48
TPL Properties / Aug 13 TPL Properties Limited(TPLP)	15,140,554 ▼ -0.31
TPL Corp Ltd / Aug 13 TPL Corp Limited(TPL)	14,138,754 ▲ 0.53