News Archives for Latest - 2024-12-05

Stocks

No stopping KSE-100 as index settles above 108,000 with over 3,000-point gain

Buying supported by positive economic indicators, lower inflation reading, expectations of cut in key policy rate
This is KSE-100's third-highest day-on-day increase in terms of points

Updated 05 Dec, 2024 11:58pm

Pakistan

Flood relief project: Canadian organisation constructs solar-powered homes in Sindh

ISLAMABAD: The Canadian humanitarian organisation Human Concern International (HCI), which has been operating in...

Updated 05 Dec, 2024 11:45pm

World

US says Amnesty charge of 'genocide' by Israel 'unfounded'

WASHINGTON: The United States said Thursday it disagreed with a report by Amnesty International that accused Israel...

Published 05 Dec, 2024 11:23pm

Europe

France's Macron seeks new PM after Barnier resigns

PARIS: President Emmanuel Macron on Thursday sought a new prime minister to prevent France from sliding deeper into...

Published 05 Dec, 2024 11:15pm

Middle East

Dozens dead in Israeli strikes on Gaza; Palestinians say Amnesty ‘genocide’ declaration comes too late

More than 44,500 Gazans have been killed, with thousands of others feared dead under rubble in 430 days of non-stop Israeli aggression against Palestinians

Updated 05 Dec, 2024 11:07pm

Business & Economy

PIA names acting CEO as it prepares to resume European flights

KARACHI: Pakistan International Airlines (PIA) on Thursday named one of the company’s senior executives as acting...

Updated 05 Dec, 2024 11:02pm

Industry

$500mn earned through export of surplus sugar, says PM Shehbaz

Premier calls for measures to improve taxation system

Updated 05 Dec, 2024 11:02pm

Pakistan

Security forces kill 8 terrorists in two KP IBOs: ISPR

Security forces killed eight terrorists and apprehended two others in two separate intelligence-based operations...

Updated 05 Dec, 2024 11:02pm

Forex

SBP-held foreign exchange reserves cross $12bn for first time in over 2.5 years

Central bank's reserves increase $620 million in a week, aided by inflow from Asian Development Bank

Updated 05 Dec, 2024 11:01pm

Pakistan

Imran Khan, party leaders indicted in GHQ attack case

Former prime minister and Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan and other party leaders were...

Updated 05 Dec, 2024 10:26pm

Markets

In meeting with IMF’s new representative, Aurangzeb reaffirms commitment to loan programme

Finance minister Muhammad Aurangzeb reiterated on Thursday Pakistan’s commitment to ensuring “smooth and successful”...

Updated 05 Dec, 2024 10:15pm

Markets

Saudi Fund for Development extends term of $3bn deposit for another year: SBP

$3 billion deposit agreement was initially signed with SFD in 2021 and subsequently rolled over in 2022 and 2023

Updated 05 Dec, 2024 10:15pm

Markets

‘Honri-VE’: Dewan Farooque Motors assembles over 100 units of Chinese EV in 3 months

Dewan Farooque Motors Limited (DFML) has locally assembled more than 100 units of a Chinese electric vehicle (EV)...

Published 05 Dec, 2024 09:54pm

Middle East

Erdogan urges Assad to find ‘political solution’ to Syria war

ANKARA: Turkiye’s President Recep Tayyip Erdogan on Thursday called on Syria leader Bashar al-Assad to urgently find...

Published 05 Dec, 2024 09:40pm

Money & Banking

Billionaires’ wealth more than doubles in 10 years: UBS

ZURICH: Billionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion,...

Published 05 Dec, 2024 09:27pm

Stocks

Wall Street little changed as spotlight remains on jobs data

Wall Street’s main indexes were mostly flat on Thursday after recording all-time closing highs in the previous...

Published 05 Dec, 2024 08:54pm

Europe

France’s Macron hunts for new prime minister as Barnier resigns

PARIS: French President Emmanuel Macron met allies and parliament leaders on Thursday as he sought to swiftly...

Updated 05 Dec, 2024 08:45pm

Cricket

Zimbabwe win consolation T20 against Pakistan with late flourish

Zimbabwe beat Pakistan by two wickets in the last of their three-match Twenty20 series at the Queens Sports Club on...

Published 05 Dec, 2024 08:39pm

Stocks

Most Gulf markets gain on US rate cut bets, OPEC+ output delay

Most stock markets in the Gulf ended higher on Thursday, helped by investor confidence in a U.S. interest rate cut...

Published 05 Dec, 2024 08:33pm

Stocks

US stocks flat ahead of jobs data

NEW YORK: Wall Street stocks were little changed early Thursday ahead of key US jobs data in muted trading after...

Published 05 Dec, 2024 08:30pm

Companies

Complete turnaround: SSGC reports Rs4.5bn profit in July-Sept quarter

After much delay, the Sui Southern Gas Company (SSGC) made public its accounts for the quarter ended September 30,...

Updated 05 Dec, 2024 08:05pm

Energy

OPEC+ extends oil supply cuts through March

VIENNA: Several OPEC+ countries, including Saudi Arabia and Russia, agreed Thursday to extend oil supply cuts for...

Published 05 Dec, 2024 07:24pm

Business & Finance

US trade deficit narrows in October as imports fall: govt

WASHINGTON: The US trade gap narrowed more than expected in October, government data showed Thursday, as imports...

Published 05 Dec, 2024 07:21pm

Exchange

Rupee largely stable against US dollar

Currency settles at 277.94 against greenback in inter-bank market

Updated 05 Dec, 2024 06:40pm

Pakistan

Military’s top brass vows to serve nation ‘without bias or political affiliation’

Pakistan’s top military commanders on Thursday asserted that the Army remains committed to serving the nation and...

Published 05 Dec, 2024 06:25pm

Sports

South Africa fight back after losing early wickets to Sri Lanka

GQEBERHA: Captain Temba Bavuma and batting partner Ryan Rickleton led a fight back for South Africa as the home side...

Updated 05 Dec, 2024 06:23pm

Energy

Oil pares some gains after source says OPEC+ to delay output hike

LONDON: Oil prices pared some gains on Thursday after a source told Reuters OPEC+ has agreed to delay a planned oil...

Updated 05 Dec, 2024 06:15pm

Europe

Russia says West ignoring warnings over sending troops to Ukraine

TA’QALI: Russia on Thursday accused the West of failing to heed the Kremlin’s warnings over the dangers of...

Published 05 Dec, 2024 06:13pm

Life & Style

Muhammad was most popular boys’ baby name in England and Wales in 2023

LONDON: Muhammad was the most popular name given to baby boys in England and Wales in 2023, ousting Noah to take the...

Published 05 Dec, 2024 06:10pm

Middle East

Qatar resumes Gaza mediation: source with knowledge of talks to AFP

DOHA: Qatar has resumed its role as a mediator in efforts to secure a truce in the Israel-Hamas war following a...

Published 05 Dec, 2024 05:55pm

Commodities

Asia rice: Indian export prices fall; Vietnam, Thailand demand muted

Prices of parboiled rice exported from India fell this week as the rupee depreciated to a record low even as demand...

Published 05 Dec, 2024 05:53pm

Technology

Google says AI weather model masters 15-day forecast

SAN FRANCISCO: A new artificial intelligence-based weather model can deliver 15-day forecasts with unrivalled...

Published 05 Dec, 2024 05:44pm

South Asia

Bangladesh court bans broadcasts of ousted ex-PM’s ‘hate speech’

DHAKA: A Bangladeshi tribunal banned broadcasts of “hate speech” by autocratic ex-premier Sheikh Hasina on Thursday,...

Published 05 Dec, 2024 05:41pm

South Asia

South Korea says in close communication with US since martial law declaration

SEOUL: South Korea has been communicating closely with the United States since President Yoon Suk Yeol declared...

Published 05 Dec, 2024 05:33pm

Commodities

Gold price per tola increases Rs500 in Pakistan

After remaining unchanged in the previous session, gold prices in Pakistan registered a gain on Thursday in line...

Updated 05 Dec, 2024 05:22pm

Stocks

Financials, IT drive Indian shares higher ahead of central bank policy decision

Indian shares advanced on Thursday as U.S.-focused IT stocks jumped on a rosy picture of the U.S. economy, while...

Published 05 Dec, 2024 05:21pm

Stocks

Sri Lanka shares end higher as IT, communication services gain

CSE All-Share index settled up 0.35% at 13,559.41

Published 05 Dec, 2024 05:19pm

Markets

Fire incident at PIBT disrupts operations

A fire incident at the Pakistan International Bulk Terminal Limited (PIBT) has disrupted operations, which may lead...

Updated 05 Dec, 2024 05:17pm

Commodities

Copper ticks lower on weak risk appetite, uncertainty on China

LONDON: Copper prices edged lower on Thursday, weighed down by lacklustre risk appetite amid uncertainty about...

Published 05 Dec, 2024 05:17pm

Commodities

Palm rises on forecasts of lower end-Nov stocks

JAKARTA: Malaysian palm oil futures climbed on Thursday, helped by estimated lower November stocks in the country,...

Published 05 Dec, 2024 05:15pm

Companies

Hub Power Holdings partners with Mega Conglomerate to strengthen BYD alliance

In its bid to strengthen business collaboration with Chinese electric vehicle giant BYD Auto Industry Company...

Updated 05 Dec, 2024 05:13pm

Business & Finance

Sri Lanka to ink debt deals by year’s end: minister

COLOMBO: Cash-strapped Sri Lanka vowed Thursday to complete its long-delayed foreign debt restructure within the...

Updated 05 Dec, 2024 05:13pm

South Asia

France denounces Taliban move to block Afghan women’s medical training

PARIS: France on Thursday condemned as “unjustifiable” the Taliban government’s reported plan to ban Afghan women...

Published 05 Dec, 2024 05:00pm

Pakistan

5.1 magnitude earthquake jolts Lahore, other parts of Punjab

A 5.1 magnitude earthquake jolted Lahore and other parts of Punjab on Thursday, the National Seismic Monitoring...

Updated 05 Dec, 2024 04:30pm

Recorder Headlines

Published 05 Dec, 2024 04:24pm

Conversion of JPP to Thar coal: Experts’ panel formed to firm up recommendations

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a three-member committee to discuss and firm up...

Updated 05 Dec, 2024 02:51pm

Oct govt debt stock drops Rs456bn to Rs69.114trn MoM

KARACHI: The federal government’s total debt stock decreased by Rs 456 billion in October 2024, largely attributed...

Updated 05 Dec, 2024 02:51pm

ABC teams brief Aurangzeb about issues facing businessmen

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

Updated 05 Dec, 2024 02:50pm

Europe

Russia’s Lavrov and US’s Blinken set to attend OSCE meeting

VIENNA: Russian Foreign Minister Sergei Lavrov and US Secretary of State Antony Blinken could face off over the war...

Published 05 Dec, 2024 02:25pm

Business & Finance

Spain’s October industrial output rises 1.9% year-on-year

Spain’s seasonally- and calendar-adjusted industrial output grew 1.9% in October from the same month a year earlier,...

Published 05 Dec, 2024 02:03pm

Forex

Russian rouble regains over one half of recent slide

MOSCOW: The Russian rouble strengthened further against the US dollar and China’s yuan on Thursday, regaining almost...

Published 05 Dec, 2024 02:01pm

Stocks

European stocks edge higher as investors weigh impact of French govt collapse

European stocks hovered near one-month highs on Thursday with French equities rising after lawmakers in the country...

Published 05 Dec, 2024 02:00pm

Commodities

Jordan tenders to buy up to 120,000 T feed barley, traders say

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

Published 05 Dec, 2024 02:00pm

Stocks

Most Gulf markets rise on US rate-cut bets, ahead of OPEC+ meet

Most stock markets in the Gulf edged higher in early trade on Thursday, helped by growing confidence in a likely US...

Published 05 Dec, 2024 01:58pm

Energy

Russia’s November seaborne diesel exports rise as production increases, LSEG data shows

MOSCOW: Russia’s seaborne diesel and gasoil exports rose in November on increased fuel production following a...

Published 05 Dec, 2024 01:57pm

Asia

South Korea’s Yoon replaces defence minister as impeachment vote looms

SEOUL: South Korean opposition lawmakers said on Thursday they would vote this weekend to impeach President Yoon Suk...

Updated 05 Dec, 2024 01:54pm

South Asia

Earthquake of magnitude 5.7 strikes Western Iran

An earthquake measuring magnitude 5.7 struck Western Iran on Thursday, the German Research Centre for Geosciences...

Updated 05 Dec, 2024 01:46pm

Life & Style

Keira Knightley finds wit and festive tension in spy series ‘Black Doves’

LONDON: British actress Keira Knightley says her new series “Black Doves” stands out for its tongue in cheek take on...

Published 05 Dec, 2024 01:33pm

Sports

KL Rahul to open for India, Rohit drops down order in 2nd Australia Test

ADELAIDE: Rohit Sharma will bat down the order in the pink-ball second Test against Australia in Adelaide, with the...

Published 05 Dec, 2024 01:22pm

Sports

Mikaela Shiffrin confirms she’ll miss Beaver Creek World Cup races

LOS ANGELES: US ski star Mikaela Shiffrin said Wednesday that she’s “starting to feel a little bit more human” after...

Published 05 Dec, 2024 01:17pm

Sports

Hamilton bids farewell to Mercedes as Ferrari vie for title

ABU DHABI: Lewis Hamilton bids farewell this weekend to Mercedes, the team that carried him to six world titles, as...

Published 05 Dec, 2024 01:14pm

Sports

Liverpool held but Slot salutes ‘special’ Salah

NEWCASTLE: Arne Slot saluted “special” Mohamed Salah after the Liverpool forward underlined his value to the Premier...

Published 05 Dec, 2024 01:02pm

Technology

OpenAI to partner with military defence tech company

SAN FRANCISCO: OpenAI and military defence technology company Anduril Industries said Wednesday that they would work...

Published 05 Dec, 2024 01:00pm

Energy

OPEC+ expected to extend oil supply cuts

VIENNA: The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop...

Published 05 Dec, 2024 12:57pm

Sports

‘Proud’ Cricket Australia defends Afghanistan boycott stance

ADELAIDE: Cricket Australia on Thursday defended its decision to boycott only some games against Afghanistan after...

Published 05 Dec, 2024 12:55pm

Sports

Man City needed to break losing ‘routine’, says Guardiola

MANCHESTER: Pep Guardiola said Manchester City had to break the habit of losing after snapping a seven-game winless...

Published 05 Dec, 2024 12:38pm

Stocks

Bitcoin breaks $100,000, stocks mixed as traders eye S. Korea drama

HONG KONG: Bitcoin burst past $100,000 for the first time Thursday as traders welcomed Donald Trump’s pick to head...

Published 05 Dec, 2024 12:33pm

Life & Style

New Natalia Lafourcade album celebrates music’s onstage evolutions

NEW YORK: A new live album from Grammy-winning Mexican singer Natalia Lafourcade offers an intimate glimpse into the...

Published 05 Dec, 2024 12:31pm

Europe

Amnesty report says Israel has committed genocide against Palestinians in Gaza

THE HAGUE: Amnesty International accused the state of Israel of committing genocide against Palestinians in the Gaza...

Published 05 Dec, 2024 12:17pm

Energy

Petrobras says chair’s appointment to oil regulator must still be analyzed by Lula’s team

SAO PAULO: Brazil’s Petrobras said on Wednesday that the energy ministry had nominated the firm’s chairman to a...

Published 05 Dec, 2024 12:14pm

Business & Finance

Australia goods trade surplus widens to A$5.95bn in October

SYDNEY: Australia’s surplus on trade goods widened in October, driven by a jump in shipments of gold and liquefied...

Published 05 Dec, 2024 12:13pm

Business & Finance

Philippines’ November inflation accelerates as typhoons impact food prices

MANILA: Philippine annual inflation accelerated for the second straight month in November, the statistics agency...

Published 05 Dec, 2024 12:11pm

Business & Finance

Philippine central bank says will take ‘measured approach’ in easing cycle

MANILA: The Philippine central bank said on Thursday it will continue to take a “measured approach” in its easing...

Published 05 Dec, 2024 12:09pm

Europe

Britain drug-cost watchdog says it will recommend Lilly obesity drug

LONDON: Britain’s drugs cost-effectiveness watchdog NICE said on Thursday it will recommend Eli Lilly’s obesity drug...

Published 05 Dec, 2024 12:06pm

Life & Style

Horror film ‘Nosferatu’ gives a voice to its heroine, Lily-Rose Depp says

LONDON: Filmmaker Robert Eggers brings a classic folklore vampire back to the screen in “Nosferatu”, a gothic horror...

Published 05 Dec, 2024 11:59am

Technology

Temu told to suspend Vietnam operations, state media reports

HANOI: Chinese online retailer Temu has been told to suspend its operations in Vietnam after it failed to meet an...

Published 05 Dec, 2024 11:51am

Sports

Unchanged New Zealand stick with four seamers for second England Test

New Zealand will field an unchanged team against England for the second Test in Wellington, captain Tom Latham said...

Published 05 Dec, 2024 11:49am

Stocks

South Korean shares fall for a second day as political uncertainty spikes

The benchmark KOSPI was down 6.06 points, or 0.25%, at 2,457.94

Published 05 Dec, 2024 11:43am

Currency

To $100,000 and beyond: Bitcoin’s wild ride

Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president...

Published 05 Dec, 2024 11:38am

Asia

Japan PM Ishiba says no plan to revise joint BOJ statement

TOKYO: Japan’s government has no plans to revise a joint statement with the central bank that focused on pulling the...

Published 05 Dec, 2024 11:29am

Forex

Australia dollar pressured by market push for earlier rate cuts

SYDNEY: The Australian dollar was pinned near four-month lows on Thursday as investors wagered on earlier and deeper...

Published 05 Dec, 2024 11:27am

Sports

Incoming Australia boss sees tough transition for ageing team

MELBOURNE: Incoming Cricket Australia (CA) boss Todd Greenberg said Australia will need tough conversations about...

Published 05 Dec, 2024 11:23am

Sports

Cult hero Boland back for Australia’s second Test v India

MELBOURNE: Scott Boland will return to Test whites as replacement for injured paceman Josh Hazlewood in Australia’s...

Published 05 Dec, 2024 11:09am

Business & Finance

ADB approves $500mn loan to Indonesia for financial inclusion

JAKARTA: The Asian Development Bank (ADB) said on Thursday it has approved a $500 million loan for Indonesia to help...

Published 05 Dec, 2024 11:06am

USA

Gunman wounds two kindergartners at California school, then kills self

A gunman shot and wounded two children aged 5 and 6 at a California school on Wednesday before shooting himself dead...

Published 05 Dec, 2024 10:57am

17 IPPs of 1994, 2002 policies: Deal reached on hybrid ‘take and pay’ model

However, the number of signatory IPPs not confirmed by the government side or IPPs representatives
Govt expecting reduction of Rs 3.50 per in tariff from revision of IPPs

Updated 05 Dec, 2024 10:57am

BR Research

ADR race: calm down your horses

The ADR race is now close to the finish line. After reaching a bottom of 37 percent in September 2024, the banking...

Updated 05 Dec, 2024 10:46am

Forex

China’s yuan eases on US rate path worry, tariff risks

HONG KONG: China’s yuan weakened against the dollar on Thursday, as uncertainty surrounding the path of US interest...

Published 05 Dec, 2024 10:37am

Asia

ASEAN ministers to discuss Myanmar at Thailand meeting, Indonesia says

JAKARTA: Members of the Southeast Asian regional bloc ASEAN are planning to hold a ministerial meeting in Thailand...

Published 05 Dec, 2024 10:35am

Commodities

Palm rangebound on rival’s weakness, forecasts of lower end-Nov stocks

JAKARTA: Malaysian palm oil futures were range-bound on Thursday amid weakness in the Dalian palm oil contract and...

Published 05 Dec, 2024 10:24am

Commodities

Iron ore slides as investors fret China stimulus will disappoint again

BEIJING: Iron ore futures prices slid on Thursday as investor sentiment was dampened after state media in top...

Published 05 Dec, 2024 10:22am

Bullion Rate

Gold flat as investors await US payrolls data

Gold prices were little changed on Thursday as investors awaited US payrolls data that is expected to provide more...

Published 05 Dec, 2024 10:19am

Commodities

Soybeans edge higher, but Brazilian crop outlook caps gains

SINGAPORE: Chicago soybeans gained on Thursday, supported by bargain buying, although expectations of record-high...

Published 05 Dec, 2024 10:17am

Commodities

LME copper barely changed as traders await fresh triggers

London copper prices were nearly unchanged on Thursday, as market participants looked for more stimulus cues from...

Published 05 Dec, 2024 10:15am

Stocks

Indian shares set to open marginally higher

Indian shares are set to open slightly higher on Thursday, potentially continuing a four-session rally, as investors...

Published 05 Dec, 2024 10:14am

Forex

Indian rupee caught between weak underlying tone, soft US data

MUMBAI: The Indian rupee is likely to open little changed on Thursday, holding near its all-time low, amid a weak...

Published 05 Dec, 2024 10:12am

Stocks

Japan’s Nikkei climbs on softer yen and Wall Street’s record high

TOKYO: Japan’s Nikkei share average rose on Thursday, as a softer yen and a record high on Wall Street overnight...

Published 05 Dec, 2024 10:10am

Stocks

Australian shares inch higher as banks counter mining and energy losses

Australian shares inched higher on Thursday, tracking Wall Street’s strength overnight, with gains in banking stocks...

Published 05 Dec, 2024 10:07am

Currency

Bitcoin tops $100,000 as bets on Trump fuel crypto euphoria

Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a...

Published 05 Dec, 2024 10:04am

Forex

Euro wobbles, South Korean won steady as political turmoil checks sentiment

SINGAPORE: The euro was subdued on Thursday after the widely expected collapse of the French government, stoking...

Published 05 Dec, 2024 09:59am

Mutual Funds

Profit booking curbs decline in India bond yields, policy optimism persists

MUMBAI: Indian government bond yields were largely unchanged on Thursday, recovering from an initial decline as...

Published 05 Dec, 2024 09:50am

Mutual Funds

JGB yields tick up as market readjusts bets for BOJ rate hike

TOKYO: Japanese government bond (JGB) yields rose on Thursday, as market participants grappled with wavering...

Published 05 Dec, 2024 09:49am

Cooperation in trade, investment: BoI and China’s CNTAC set to sign MoU today

ISLAMABAD: The Board of Investment (BoI) and China National Textile & Apparel Council (CNTAC) are all set to...

Updated 05 Dec, 2024 09:21am

PCP, PR, OPF boards’ reconstitution gets nod: CCoSOEs concerned over Rs1trn annual losses by SOEs

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs), Wednesday, expressed serious concerns over...

Updated 05 Dec, 2024 09:17am

Business & Finance

Sukuk auction: Govt raises Rs2trn in 2024 using PSX platform

KARACHI: The listing of Shariah-compliant securities at the Pakistan Stock Exchange (PSX) marked a significant...

Updated 05 Dec, 2024 09:13am

Aurangzeb says affordable housing linked with two ‘existential’ problems

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb, while terming the directed lending by the government to...

Updated 05 Dec, 2024 09:11am

Pakistan

Islamabad lockdown: IHC expresses annoyance over govt, PTI

ISLAMABAD: The Islamabad High Court (IHC) expressed annoyance at the Pakistan Tehreek-e-Insaf (PTI) and the...

Updated 05 Dec, 2024 09:11am

World

French government felled in no-confidence vote, deepening political crisis

PARIS: French lawmakers passed a no-confidence vote against the government on Wednesday, throwing the European...

Updated 05 Dec, 2024 09:00am

Pakistan

40,000 ‘Himmat Cards’ issued to special persons

LAHORE: The Punjab government has so far issued 40,000 ‘Himmat Cards’ to special persons through which financial...

Published 05 Dec, 2024 08:56am

Pakistan

GHQ attack case: ATC rejects acquittal plea of Omar Ayub

ISLAMABAD: An anti-terrorism court (ATC) on Wednesday rejected the acquittal plea by Omar Ayub, a leader of Pakistan...

Published 05 Dec, 2024 08:55am

Companies

CEO Telenor gets UN Women 2024 Asia-Pacific WEPs Award

ISLAMABAD: Khurrum Ashfaque, CEO of Telenor Pakistan has been recognised with the UN Women 2024 Asia-Pacific...

Published 05 Dec, 2024 08:54am

Taxes

Ombudsman institutions: FTO unveils programme to foster global co-operation

ISLAMABAD: The Federal Tax Ombudsman (FTO) has launched an innovative "Capacity Building Exchange Programme" to...

Published 05 Dec, 2024 08:53am

Pakistan

‘Emerging global landscape marked by evolving change, unpredictability’

ISLAMABAD: The Institute of Strategic Studies, Islamabad (ISSI) held its flagship event, the Islamabad ...

Published 05 Dec, 2024 08:52am

Industry

HCSTSI chief highlights severe challenges of industries

HYDERABAD: President of Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon,...

Published 05 Dec, 2024 08:50am

Business & Finance

Jam, ABC team discuss range of key issues

ISLAMABAD: The Minister for Commerce of Pakistan, Jam Kamal Khan, met with a delegation from the American Business...

Updated 05 Dec, 2024 08:50am

Pakistan

Minister says no society can progress without mutual respect

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, while emphasising on the...

Published 05 Dec, 2024 08:49am

Pakistan

To prevent repeat of Quetta tragedy: NA panel directs Railways to enhance stations security

ISLAMABAD: A parliamentary panel, Wednesday, while expressing serious concerns over inadequate security arrangements...

Published 05 Dec, 2024 08:47am

Pakistan

NA panel suggests appointment of FPSC chairman on merit

ISLAMABAD: The National Assembly Standing Committee on Education, Wednesday, suggested that the chairman of the...

Published 05 Dec, 2024 08:45am

Business & Finance

Petroleum products’ sales surge to 25-month high

KARACHI: The sales of petroleum products in the country increased by 15 percent on year-on-year basis to 1.58 ...

Published 05 Dec, 2024 08:44am

Taxes

NTC reviews provincial tax reforms

ISLAMABAD: National Tax Council (NTC) Wednesday reviewed provincial tax reforms including measures to enhance...

Published 05 Dec, 2024 08:43am

Pakistan

‘Parking problem in Lahore increasing day by day’

LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that parking problems in Lahore are increasing day ...

Updated 05 Dec, 2024 08:43am

Pakistan

Parliament House illuminated in orange lights

ISLAMABAD: In a historic and symbolic move, the Parliament House of Pakistan has been illuminated in orange lights ...

Updated 05 Dec, 2024 08:41am

Pakistan

Investments in Balochistan: Bugti vows strict security measures

KARACHI: Chief Minister of Balochistan Mir Sarfraz Bugti has assured strict security measures, while inviting both...

Updated 05 Dec, 2024 08:39am

Customs/export value of fruits revised

ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised the customs/export value of seasonal...

Updated 05 Dec, 2024 08:38am

Pakistan

PITB starts registration for attractive number plates

LAHORE: The Punjab Information Technology Board (PITB), in collaboration with the Punjab Excise and Taxation...

Published 05 Dec, 2024 08:30am

BR’s refresher: your morning briefing for the day

Important updates from December 4, 2024

Published 05 Dec, 2024 08:30am

Pakistan

PM’s KSA visit termed ‘significant milestone’

ISLAMABAD: The Federal Minister for Information, Attaullah Tarar, on Wednesday, termed Prime Minister Shehbaz...

Published 05 Dec, 2024 08:28am

Pakistan

Foreign diplomats: PTI blasts Dar for his efforts to ‘hoodwink’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday blasted Foreign Minister Ishaq Dar for his efforts to...

Published 05 Dec, 2024 08:27am

Pakistan

Seminar on early child marriage held

LAHORE: Punjab Minister for Minority Affairs Ramesh Singh Arora has said that education and awareness campaigns are...

Published 05 Dec, 2024 08:22am

Pakistan

Constitution (Amendment) Bill, 2024: Senate body invites ECP, ministry officials to seek input

ISLAMABAD: The Senate Standing Committee on Law and Justice invited the representatives of the Election Commission ...

Published 05 Dec, 2024 08:21am

Commodities

Gold prices firm

KARACHI: Gold prices remained steady on Wednesday, with the global market holding stable near $2,650 an ounce,...

Published 05 Dec, 2024 08:19am

Pakistan

Women targeted through use of deep-fake tech: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that deep-fake technology is being used as a weapon ...

Published 05 Dec, 2024 08:19am

Business & Finance

Strategic position can enable country to emerge as a hub for economic connectivity: minister

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that Pakistan’s...

Published 05 Dec, 2024 08:16am

Pakistan

Punjab govt to launch laptop scheme from January 2025: CM launches ‘Honhaar Scholarship Programme’

LAHORE: Launching the ‘Honhaar Scholarship Programme,’ Punjab Chief Minister Maryam Nawaz Sharif said on...

Published 05 Dec, 2024 08:13am

Pakistan

Importers question transparency in redemption of vehicles

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

Published 05 Dec, 2024 08:11am

Pakistan

Kissan Card holders allowed to withdraw 30pc cash

LAHORE: The Punjab government has allowed the farmers, who have obtained Kissan Cards, to withdraw 30 percent of ...

Published 05 Dec, 2024 08:11am

Industry

Business Facilitation Centres: Ceremony marks completion of one year

LAHORE: A ceremony was held under the auspices of the Department of Industries and Commerce to mark completion of ...

Updated 05 Dec, 2024 08:09am

Pakistan

Event held to raise awareness for PWD rights

FAISALABAD: Special Education Department of University of Education Faisalabad Campus organized a meaningful and...

Published 05 Dec, 2024 08:07am

Sports

Pakistan announces squads for South African tour starting from 10th

LAHORE: The Pakistan men’s selection committee has announced the squads for the upcoming South Africa tour,...

Published 05 Dec, 2024 08:02am

BR Research

PRL: Slippery start to FY25

FY25 started on a heavy note for Pakistan Refinery Limited (PSX: PRL) as the company experienced a challenging...

Published 05 Dec, 2024 08:03am

BR Research

Loads Limited

Loads Limited (PSX: LOADS) was incorporated in Pakistan as a private limited company in 1979 and was later converted...

Published 05 Dec, 2024 07:59am

Industry

Key stakeholders vow to address KATI problems

KARACHI: The Korangi Industrial Area is set to receive enhanced focus and support as key stakeholders vow to address...

Published 05 Dec, 2024 07:58am

Pakistan

Fazl, Bilawal discuss Madrassah Registration Bill

ISLAMABAD: Jamiat Ulema-e-Islam (JUI) chief Maulana Fazlur Rehman, Wednesday, held a meeting with the chairman of...

Published 05 Dec, 2024 07:53am

Pakistan

Sindh cabinet abolishes deceased quota, reforms educational boards

KARACHI: Sindh Chief Minister Syed Murad Ali Shah chaired a cabinet meeting where several important decisions,...

Published 05 Dec, 2024 07:51am

Industry

TDAP to participate in Automechanika Istanbul 2025 exhibition

KARACHI: The Trade Development Authority of Pakistan (TDAP) will participate in the most popular exhibition for...

Published 05 Dec, 2024 07:50am

Business & Finance

ADB, SAFCO ink $86m financing package for SAF facility in Sheikhupura

ISLAMABAD: The Asian Development Bank (ADB) and SAFCO Venture Holdings Limited (SAFCO) have signed $86.2 million...

Published 05 Dec, 2024 07:47am

Pakistan

SHC grants protective bail to Arif Alvi in three cases

KARACHI: Former president of Pakistan and Pakistan Tehreek-e-Insaf leader Arif Alvi Wednesday secured protective ...

Published 05 Dec, 2024 07:45am

Pakistan

Judicial discretion must be lawfully exercised: SC

ISLAMABAD: The Supreme Court held that judicial discretion must be exercised strictly within the confines of the ...

Updated 05 Dec, 2024 07:44am

Pakistan

Gohar withdraws plea against Elections (Second Amendment) Act

ISLAMABAD: Chairman Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar withdrew his petition to declare the Elections...

Updated 05 Dec, 2024 07:43am

Letters

‘The looming challenge to dollar dominance’

This is apropos two back-to-back letters to the Editor with the above headline carried by the newspaper on Tuesday...

Published 05 Dec, 2024 07:39am

Opinion

Does COP29 matter amid eroded political consensus?

The comity of nations is joined together like the beads of a rosary through the multilateral platform of the United...

Updated 05 Dec, 2024 07:37am

Opinion

The unexplored blue: charting Pakistan’s economic potential

The Organisation of Economic Cooperation and Development (OECD) describes the ocean as the next ‘Great Economic...

Published 05 Dec, 2024 07:29am

Opinion

Pakistan’s energy revolution: 35% gas reserve for private firms

Amid growing energy challenges and economic strains, Pakistan has embarked on a transformative journey to revitalize...

Published 05 Dec, 2024 07:24am

Opinion

Minimum wage revisited

Pakistan has an acceptable concept of minimum wage, just like many countries. The reason for imposing minimum wage ...

Published 05 Dec, 2024 07:20am

Editorials

Retirement age proposal

EDITORIAL: The recent proposal to reduce retirement age from 60 to 55 years for the bureaucracy warrants a serious...

Published 05 Dec, 2024 07:16am

Editorials

Lifting of ban on PIA

EDITORIAL: The European Aviation Safety Agency’s decision last week to finally remove the four-year ban on PIA...

Updated 05 Dec, 2024 07:11am

World

South America summit hopes to seal ‘historic’ trade deal with EU

MONTEVIDEO: Brazil, Argentina, Uruguay and Paraguay are hoping to announce a blockbuster trade deal with the...

Updated 05 Dec, 2024 07:08am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (December 04, 2024). ====================================...