News Archives for Latest - 2024-12-09

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Europe

Assad’s fall shows Russian military limited by Ukraine offensive

MOSCOW: The collapse of Moscow ally Bashar al-Assad’s Syrian government has dealt a major blow to Russia’s image of...

Published 09 Dec, 2024 11:10pm

World

Israel says takeover of Syria buffer zone ‘limited, temporary step’

JERUSALEM: Israel’s Foreign Minister Gideon Saar said Monday that his country’s military takeover of the buffer zone...

Published 09 Dec, 2024 10:33pm

Financial

UAE to impose 15% minimum top-up tax on large multinationals from January

DUBAI: The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies...

Updated 09 Dec, 2024 10:29pm

Pakistan

PM Shehbaz vows full support for evacuation of Pakistanis from Syria

Premier directs concerned authorities to formulate action plan

Updated 09 Dec, 2024 10:29pm

Exchange

Rupee largely stable against US dollar

Currency settles at 277.98 against greenback in the inter-bank market

Updated 09 Dec, 2024 10:28pm

Stocks

Another record high: KSE-100 closes shy of 110,000

Buying spree continues despite pressure in banking sector

Updated 09 Dec, 2024 10:27pm

Commodities

Gold price per tola increases Rs2,000 in Pakistan

Gold prices in Pakistan registered gain on Monday in line with their increase in the international rate. In the...

Updated 09 Dec, 2024 10:15pm

Companies

Amir Hayat ends tenure as PIA Holding Company CEO

Air Vice Marshal (AVM) Muhammad Amir Hayat is no longer the Chief Executive Officer (CEO) of PIA Holding Company...

Updated 09 Dec, 2024 10:13pm

Industries & Sectors

Extreme heat puts garment factory workers in Pakistan, Bangladesh, Vietnam at risk: study

LONDON: Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are...

Updated 09 Dec, 2024 10:12pm

Markets

Govt set to start fresh round of its PIA privatisation pursuit

The government is set to initiate another process of the national carrier Pakistan International Airlines’ (PIA)...

Updated 09 Dec, 2024 10:10pm

Markets

Pakistan’s remittance inflow at $2.92bn in November 2024, down 4.5% month-on-month

Amount 29.1% higher when compared with $2.26 billion in November 2023

Updated 09 Dec, 2024 09:27pm

Technology

China targets Nvidia with antitrust probe, escalating US chip tensions

BEIJING: China said on Monday it has launched an investigation into Nvidia Corp over suspected violations of the...

Published 09 Dec, 2024 09:16pm

Pakistan

Afghan envoy calls on foreign minister Ishaq Dar

Sardar Ahmad Shakeeb, the Chargé d’Affaires of Afghanistan, met with Deputy Prime Minister and Foreign Minister...

Updated 09 Dec, 2024 08:42pm

Pakistan

Two terrorists killed, one injured in DI Khan IBO: ISPR

The security forces on Monday killed two terrorists and apprehended another in injured condition in Khyber...

Updated 09 Dec, 2024 08:41pm

Middle East

Syria central bank says depositors’ funds at local banks ‘safe’

DAMASCUS: Syria’s central bank said Monday depositors’ funds in the country’s lenders were “safe” after rebels took...

Published 09 Dec, 2024 08:39pm

Markets

Mitchell’s key shareholders halt stake sale talks with CCL Holding

Mitchell’s Fruit Farms Limited (MFFL), a key player in Pakistan’s food manufacturing industry, announced that two of...

Updated 09 Dec, 2024 08:34pm

Stocks

US stocks little changed ahead of key inflation report

NEW YORK: Wall Street stocks treaded water early Monday, consolidating the prior week’s gains ahead of key inflation...

Published 09 Dec, 2024 08:32pm

Sports

Alonso says Leverkusen capable of ‘big things’ ahead of Inter visit

BERLIN: Bayer Leverkusen coach Xabi Alonso backed his side to “do great things” before Tuesday’s home clash with...

Published 09 Dec, 2024 08:02pm

Sports

All change as South Africa turn to Pakistan white-ball series

DURBAN: While South Africa’s Test team were on the field against Sri Lanka in Gqeberha, a separate group of players...

Published 09 Dec, 2024 07:57pm

Stocks

Most Gulf markets gain as investors await US inflation data

Most stock markets in the Gulf closed higher on Monday as investors waited for a reading of U.S. inflation data...

Published 09 Dec, 2024 07:24pm

Middle East

Russia, Iran ‘share the responsibility’ for Assad crimes: NATO chief

BRUSSELS: NATO chief Mark Rutte on Monday said Russia and Iran were complicit in the crimes of ousted Syrian...

Published 09 Dec, 2024 06:51pm

Stocks

IT stocks lift Sri Lankan shares

CSE All Share index settled up 0.77% at 13,718.75

Published 09 Dec, 2024 06:06pm

Energy

Oil prices rise as China moves toward monetary easing to boost growth

Oil prices climbed by more than 1% on Monday as top importer China flagged its first move toward a loosened monetary...

Updated 09 Dec, 2024 06:02pm

Middle East

Syria’s half a century of Assad dynasty rule

PARIS: After a lightning offensive by Islamist-led rebels toppled Syrian president Bashar al-Assad on Sunday, AFP...

Published 09 Dec, 2024 05:49pm

Cricket

India’s Siraj and Australia’s Head sanctioned for Adelaide altercation

Mohammed Siraj and Travis Head have been slapped with demerit points for their bust-up in the second Test between...

Published 09 Dec, 2024 05:47pm

Europe

Zelensky urges ‘stronger’ aid from German chancellor candidate Merz

KYIV: Ukrainian President Volodymyr Zelensky on Monday asked for more support from Germany against Russia while...

Published 09 Dec, 2024 05:38pm

South Asia

Restive Indian state lifts internet blackout after ethnic clashes

NEW DELHI: Internet was restored in India’s conflict-torn northeastern state of Manipur on Monday, weeks after a...

Published 09 Dec, 2024 05:34pm

South Asia

South Korea President Yoon banned from foreign travel as leadership crisis deepens

SEOUL: South Korean President Yoon Suk Yeol has been banned from leaving the country over a failed attempt at...

Updated 09 Dec, 2024 05:32pm

Middle East

Israel ‘more optimistic’ on prospects of Gaza hostage deal

JERUSALEM/CAIRO: Israel is now more optimistic about a possible hostage deal in Gaza, Foreign Minister Gideon Saar...

Published 09 Dec, 2024 05:29pm

Middle East

Four Israeli soldiers killed in accidental explosion in Lebanon

DUBAI: Four Israeli soldiers who were killed in southern Lebanon were likely killed in an accidental detonation of...

Published 09 Dec, 2024 05:18pm

Stocks

Consumer, autos stocks drag India’s benchmarks lower

India’s benchmark indexes inched lower on Monday, dragged by consumer stocks on Godrej Consumer Products’ bleak...

Published 09 Dec, 2024 05:02pm

Commodities

Copper jumps to approach one-month high on China hopes

LONDON: Copper prices jumped on Monday to the highest in nearly a month after top metals consumer China said it...

Published 09 Dec, 2024 04:57pm

Commodities

Palm ends lower tracking rival vegetable oils; industry data eyed

JAKARTA: Malaysian palm oil futures closed down on Monday, tracking a decline in rival vegetable oils on the Dalian...

Published 09 Dec, 2024 04:53pm

Middle East

Kremlin refuses to confirm if Assad in Russia

MOSCOW: The Kremlin declined on Monday to confirm reports that toppled Syrian president Bashar al-Assad had fled to...

Published 09 Dec, 2024 04:41pm

South Asia

India envoy in Bangladesh to smooth months of tensions

DHAKA: India’s top career diplomat was in Bangladesh on Monday to defuse tensions between the two neighbours arising...

Published 09 Dec, 2024 04:37pm

Travel

Atif Aslam, Coldplay: Dubai set to welcome winter with live events, performances, shopping festival

From the highly-anticipated annual Dubai Shopping Festival to the seasonal Christmas markets and tree-lightings,...

Published 09 Dec, 2024 04:29pm

Recorder headlines

Published 09 Dec, 2024 04:04pm

Companies

Unity Foods secures key certification, eyes global biofuel market

Targeting biofuel feedstock export to Europe and the Far East countries, Unity Foods Limited, a key Pakistani food...

Published 09 Dec, 2024 03:48pm

Europe

Kremlin says to discuss Russian bases with Syria’s new rulers

MOSCOW: The Kremlin said on Monday that it was too early to say what the future would hold for Russia’s military...

Published 09 Dec, 2024 03:45pm

Stocks

European shares edge higher on China stimulus optimism

European shares hovered near six-week highs on Monday, led by mining and luxury stocks after signs of fresh stimulus...

Published 09 Dec, 2024 03:40pm

Europe

UN rights chief sees ‘huge chance’ for inclusive dialogue in Syria transition

GENEVA: The UN human rights chief on Monday said there was a “huge chance” for inclusive dialogue on the political...

Published 09 Dec, 2024 03:38pm

Africa

Armed attackers kill 21 civilians in western Niger, army says

NIAMEY: Armed attackers on motorcycles killed at least 21 civilians in the West African nation of Niger, the army...

Published 09 Dec, 2024 03:35pm

Stocks

Miners propel UK’s FTSE 100 higher; GDP data on tap

The UK’s benchmark FTSE 100 kicked off the week climbing higher on Monday, boosted by mining shares, while investors...

Published 09 Dec, 2024 03:32pm

Sports

South Africa overpower Sri Lanka to sweep series

GQEBERHA: Spinner Keshav Maharaj took five wickets as South Africa secured a 109-run victory over Sri Lanka on the...

Updated 09 Dec, 2024 03:31pm

Energy

Atom Power unveils Pakistan’s first locally assembled lithium-ion batteries

Atom Power (PRIVATE) Limited is poised to transform the energy storage landscape in Pakistan with the launch of the...

Updated 09 Dec, 2024 03:12pm

Europe

Syrian embassy in Moscow raises opposition flag: AFP

MOSCOW: A group of men at the Syrian embassy in Moscow raised the opposition flag there on Monday morning, an AFP...

Published 09 Dec, 2024 02:55pm

Middle East

Lebanese army says 1 person killed, 4 soldiers wounded in Israeli strike

BEIRUT: Lebanon’s army said one person was killed and four soldiers wounded Monday in an Israeli strike in the...

Published 09 Dec, 2024 02:51pm

Societies Registration Bill: Fazl postpones ‘Islamabad march’

KARACHI: Jamiat Ulema-e-Islam-F chief Maulana Fazlur Rehman has postponed the party’s march to Islamabad to...

Updated 09 Dec, 2024 02:51pm

Corporate Registry Department, Licensing and Registration Div: SECP delegates specified powers and functions

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has authorized its officials of the Corporate...

Updated 09 Dec, 2024 02:50pm

Private sector participation: PD urges Nepra to amend licencing regulations of Discos

ISLAMABAD: The Power Division has approached the National Electric Power Regulatory Authority (Nepra) to amend power...

Updated 09 Dec, 2024 02:49pm

FBR closes down sugar mill in Sindh

ISLAMABAD: The Federal Board of Revenue (FBR) has closed one sugar mill in Sindh, as the track-and-trace system and...

Updated 09 Dec, 2024 02:49pm

Now revenue leakages come under govt focus

Finance Minister Muhammad Aurangzeb says government is taking all necessary steps to digitalise revenue structure

Updated 09 Dec, 2024 02:49pm

Europe

Turkiye calls for ‘inclusive’ new govt in Syria: FM

ANKARA: Turkiye top diplomat called on Monday for an “inclusive” new government in Syria after Islamist-led rebels...

Published 09 Dec, 2024 02:48pm

Europe

Pressure grows on France’s Macron to name new PM

PARIS: French President Emmanuel Macron was on Monday set to hold a series of consultations with party bosses as...

Published 09 Dec, 2024 02:44pm

South Asia

Dozens of schools in Delhi get bomb threats, ANI news agency says

NEW DELHI: At least 40 schools received a bomb threat by email in Delhi on Monday demanding $30,000, ANI news agency...

Published 09 Dec, 2024 01:32pm

Mutual Funds

JGB yields track US peers lower, investors assess BOJ’s rate outlook

TOKYO: Japanese government bond (JGB) yields declined on Monday, tracking US Treasury yields, while investors sought...

Published 09 Dec, 2024 01:29pm

Mutual Funds

Philippines fully awards $258mn T-bill offer

BTr fully awards 15 billion pesos

Published 09 Dec, 2024 01:26pm

Sports

Australia quick Hazlewood could be back for third India Test

SYDNEY: Australia quick Josh Hazlewood bowled two spells at full pace at Adelaide Oval on Monday and thinks he will...

Published 09 Dec, 2024 01:23pm

Sports

Door open for Shami as India look to lessen Bumrah’s burden

As Mohammed Shami was tormenting local batters in Rajkot last week in his latest outing since returning from a year...

Published 09 Dec, 2024 01:16pm

Asia

China calls for ‘political solution’ to restore stability in Syria

BEIJING: China’s foreign ministry on Monday called for a “political solution” to be found in Syria as soon as...

Published 09 Dec, 2024 01:02pm

Mutual Funds

German yields drop as market focus shifts to US data, ECB meeting

German government bond yields fell on Monday, after recording their first weekly rise in more than a month on...

Published 09 Dec, 2024 12:59pm

Asia

Central Philippines Kanlaon volcano erupts, says seismology agency

MANILA: A volcano in the central Philippines erupted on Monday spewing an eruption column of up to 3,000 metres...

Published 09 Dec, 2024 12:58pm

South Asia

India’s Adani Group to invest over $88bn in Rajasthan state, exec says

Indian conglomerate Adani Group will invest over 7.5 trillion rupees ($88.53 billion) in various sectors like...

Published 09 Dec, 2024 12:55pm

Sports

New Zealand opener Conway to miss third England Test

WELLINGTON: Opener Devon Conway will miss the third Test against England, New Zealand cricket said Monday, clearing...

Published 09 Dec, 2024 12:44pm

Life & Style

‘Lord of the Rings’ gets anime makeover with ‘War of the Rohirrim’ film

LOS ANGELES: No elves, no dwarves, and not a hobbit in sight: “The Lord of the Rings” returns to the big screen this...

Published 09 Dec, 2024 12:40pm

Sports

Mbappe ‘can do better’ as troubled Real Madrid visit Atalanta

MADRID: Real Madrid usually deliver in the Champions League when the pressure is on and their trip to face Atalanta...

Published 09 Dec, 2024 12:36pm

Sports

PSG up against it in Champions League as Qatari project risks drifting

PARIS: Paris Saint-Germain have developed a reputation over the last decade as being one of Europe’s most glamorous...

Published 09 Dec, 2024 12:33pm

Business & Finance

ECB to cut rates again amid bleak eurozone outlook

FRANKFURT: The European Central Bank is expected to cut interest rates again this week amid a darkening outlook,...

Published 09 Dec, 2024 12:30pm

Sports

Former England assistant Holland to coach Japan’s Yokohama: reports

TOKYO: Gareth Southgate’s former England assistant Steve Holland is set to be named as new coach of Japanese club...

Published 09 Dec, 2024 12:24pm

Life & Style

‘Wicked’ and ‘Emilia Perez’ tipped to lead Golden Globes noms

LOS ANGELES: Hollywood’s awards season shifts into high gear Monday when nominations for the Golden Globes are...

Published 09 Dec, 2024 12:17pm

Sports

India’s Adelaide drubbing puts ‘subdued’ Rohit under scrutiny

NEW DELHI: India’s second Test drubbing in Adelaide showed that captain Rohit Sharma was failing to bring the...

Published 09 Dec, 2024 12:03pm

Europe

Rachel Reeves to push for UK/EU reset at finance ministers’ meeting

LONDON: Reducing Britain’s trade barriers with the European Union will improve the growth prospects of both, finance...

Published 09 Dec, 2024 11:54am

Sports

Diego Simeone lauds Atletico substitutes in comeback win over Sevilla

Atletico Madrid manager Diego Simeone praised the impact of his substitutes after his side rallied to record their...

Published 09 Dec, 2024 11:50am

Energy

Saudi Arabia cuts crude oil prices for Asia amid nascent demand recovery: Russell

LAUNCESTON: It’s always tempting to try and over-analyse changes in the crude oil market and Saudi Arabia’s decision...

Published 09 Dec, 2024 11:44am

Currency

At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria

NEW YORK: Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on...

Published 09 Dec, 2024 11:39am

Stocks

South Korea shares drop as political turmoil continues after President Yoon survives impeachment

KOSPI was down 41.11 points, or 1.73%, at 2,387.05

Published 09 Dec, 2024 11:34am

Technology

BYD on track to top 2024 sales goal and outsell Ford, Honda

SHANGHAI/BEIJING: China’s top electric vehicle producer BYD is set to show further market share gains when November...

Published 09 Dec, 2024 11:32am

World

Haiti gang massacres at least 110 people in Cite Soleil, rights group says

MEXICO CITY: At least 110 people were killed over the weekend in Haiti’s Cite Soleil slum when a gang leader...

Published 09 Dec, 2024 11:26am

Asia

South Korea defence ministry says President Yoon is still commander in chief

SEOUL: South Korea’s defence ministry spokesman said on Monday President Yoon Suk Yeol still is commander in chief....

Published 09 Dec, 2024 11:22am

Middle East

With Assad ousted, a new era starts in Syria as the world watches

DAMASCUS: Syrians awakened on Monday to a hopeful if uncertain future, after rebels seized the capital Damascus and...

Published 09 Dec, 2024 11:18am

Europe

2024 will be the hottest year on record, EU scientists say

BRUSSELS: This year will be the world’s warmest since records began, with extraordinarily high temperatures expected...

Published 09 Dec, 2024 11:09am

Forex

China’s yuan eases as deflationary pressure persists

SHANGHAI: China’s yuan eased against the dollar on Monday as persistent deflationary pressure suggested more policy...

Published 09 Dec, 2024 11:02am

Business & Finance

China’s inflation weakens as new risks cloud horizon

BEIJING: China’s consumer inflation hit a five-month low in November as fresh food prices pulled back while factory...

Published 09 Dec, 2024 10:59am

Life & Style

Rapper Jay-Z accused in lawsuit of raping 13-year-old girl

An amended lawsuit filed in federal court on Sunday alleges that rap mogul Jay-Z raped a 13-year-old girl along with...

Published 09 Dec, 2024 10:56am

Commodities

Iron ore rangebound as traders weigh China stimulus bets, softer inflation data

SINGAPORE: Iron ore futures traded sideways on Monday as investors weighed hopes of further stimulus from China...

Published 09 Dec, 2024 10:52am

Commodities

Copper prices edge lower on China stimulus uncertainty

London copper prices edged lower on Monday as uncertainty over any stimulus signals from top consumer China’s...

Published 09 Dec, 2024 10:50am

World

Magnitude 5.6 quake hits El Salvador

SAN SALVADOR: A magnitude 5.6 earthquake struck some 9 km (6 miles) south-west of La Union in El Salvador, the...

Published 09 Dec, 2024 10:40am

Stocks

China, Hong Kong stocks ease as inflation slows, key policy meeting eyed

HONG KONG: China and Hong Kong stocks dropped in a volatile trading session on Monday as inflation data undershot...

Published 09 Dec, 2024 10:38am

Europe

Seismic event sparks fire, stops operations at Russian coal mine

A seismic event sparked a fire and halted operations at the Alardinskaya mine in southwestern Siberia, Russian...

Published 09 Dec, 2024 10:35am

Sports

Gamble on Bethell pays rich dividends for England on New Zealand tour

Jacob Bethell was considered a gamble at number three when he was handed his England debut against New Zealand in...

Published 09 Dec, 2024 10:32am

Bullion Rate

Gold firms as investors await US inflation data for Fed clues

Gold prices gained on Monday as investors awaited US inflation data due this week for clues on the Federal Reserve’s...

Published 09 Dec, 2024 10:30am

Commodities

Corn takes a breather after rallying to 5-month high

CANBERRA: Chicago corn futures eased on Monday as traders took a breather from a rally fuelled by technical buying...

Published 09 Dec, 2024 10:27am

Forex

Thai baht stronger vs US dollar at 0250 GMT

BANGKOK: The Thai baht rose in morning trade on Monday as the dollar weakened following jobs data that supports a US...

Published 09 Dec, 2024 10:24am

Commodities

Palm tracks rival vegetable oils lower

JAKARTA: Malaysian palm oil futures fell on Monday, following the decline in rival vegetable oil prices on the...

Published 09 Dec, 2024 10:23am

Forex

Australian dollar pinned near one-year lows ahead of RBA rate decision

SYDNEY: The Australian dollar stayed close to one-year lows on Monday and remained vulnerable to further losses as...

Published 09 Dec, 2024 10:20am

Stocks

Australian shares slump as miners weigh; cenbank rate decision in focus

Australian shares slipped on Monday, with most sectors in the red and miners hit the hardest by a slump in iron ore...

Published 09 Dec, 2024 10:15am

Stocks

Japan’s Nikkei tracks Wall Street higher; profit-taking caps rise

TOKYO: Japan’s Nikkei share average rose on Monday, buoyed by Wall Street’s gains at the end of last week, although...

Published 09 Dec, 2024 10:12am

Business & Finance

Japan revises Q3 GDP higher, keeps alive BOJ rate-hike expectations

TOKYO: Japan’s economy expanded in July-September at a faster pace than initially reported thanks to upward...

Published 09 Dec, 2024 10:11am

Stocks

Indian shares set to open flat

Indian shares are set to open flat on Monday, after logging their best week since June on Friday, with traders...

Published 09 Dec, 2024 10:08am

Mutual Funds

Drop in US peers nudges Indian bond yields lower

MUMBAI: Indian government bond yields inched lower in early trading on Monday, tracking a fall in US Treasury yields...

Published 09 Dec, 2024 10:02am

Forex

Indian rupee tipped to drift lower as buoyant dollar pressures Asia FX

MUMBAI: The Indian rupee is likely to open slightly lower on Monday as expectations surrounding the incoming Trump...

Published 09 Dec, 2024 09:59am

Stocks

Asia stocks slugged by South Korea turmoil, China disinflation

SYDNEY: Asian shares struggled with a slide in South Korea on Monday ahead of a packed week of central bank meetings...

Published 09 Dec, 2024 09:54am

Forex

Loonie, Aussie in focus while US dollar idles

SINGAPORE: The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings...

Published 09 Dec, 2024 09:52am

Vawda speaks of former ISI chief’s court martial

KARACHI: Independent Senator Faisal Vawda has claimed that the Pakistan Tehreek-e-Insaf’s December 14 protest is...

Updated 09 Dec, 2024 09:36am

All scheduled banks: Hajj applications can be submitted till Tuesday

ISLAMABAD: Ministry of Religious Affairs has announced that Hajj applications can be submitted in all scheduled...

Updated 09 Dec, 2024 09:36am

IESCO starts implementing PM’s ‘winter package’

ISLAMABAD: Chief Executive IESCO, Muhammad Naeem Jan stated that in light of the winter facilitation package...

Updated 09 Dec, 2024 09:31am

IK forms panel for talks with govt

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, currently imprisoned in Adiala Jail, has constituted a...

Updated 09 Dec, 2024 09:28am

Pakistan

42.3m individuals added to electoral rolls since GE-2013: FAFEN

ISLAMABAD: Over the past decade, Pakistan has experienced a substantial increase in the number of registered voters,...

Updated 09 Dec, 2024 09:23am

PBA urges PEMRA to reinstate TAM services

KARACHI: Pakistan Broadcasters Association (PBA) has formally requested the Pakistan Electronic Media Regulatory...

Updated 09 Dec, 2024 09:23am

BR Research

‘Smogged Down’: Pakistan’s fight for clean air

Despite the choking haze that grips its cities year after year, Pakistan remains caught in a web of policy inertia...

Published 09 Dec, 2024 08:59am

BR Research

Nimir Resins Limited

Nimir Resins Limited (PSX: NRSL) was incorporated in Pakistan in 1964 as a public limited company and then converted...

Published 09 Dec, 2024 08:48am

BR’s refresher: your morning briefing for the day

Important updates from December 7 and December 8, 2024

Published 09 Dec, 2024 08:48am

Opinion

Examining the Ministry of Energy’s new deforms and their implications

Since the unbundling of WAPDA, the National Transmission and Dispatch Company (NTDC) has been one of the few power...

Updated 09 Dec, 2024 08:23am

Opinion

Unravelling of the Textile Sector

Pakistan’s textile industry, a key component of the economy and a full-spectrum value chain, is unravelling under...

Updated 09 Dec, 2024 08:21am

Opinion

Electricity tariffs: full cost recovery model no longer sustainable

In the energy sector, nothing seems to be working to increase consumption on the grid. The concept of full cost...

Updated 09 Dec, 2024 08:13am

Opinion

Poor FBR performance

The monthly Economic Update and Outlook was uploaded on the Finance Division website on 28 November 2024 with the ...

Updated 09 Dec, 2024 08:11am

Editorials

Navigating the LNG conundrum

EDITORIAL: Pakistan’s decision to defer an LNG purchase agreement with Qatar by a year - whether tied to the 2016...

Updated 09 Dec, 2024 08:09am

Editorials

Elite capture

EDITORIAL: In economic terms an elite is defined as external rent seekers comprising of an entity or a group who...

Updated 09 Dec, 2024 08:08am

Pakistan

ERA: Lodhi elected president

LAHORE: The Education Reporters Association (ERA) held its annual elections at the Lahore College for Women...

Published 09 Dec, 2024 07:52am

Pakistan

PM, CM condole death of Ayaz Sadiq’s sister

LAHORE: Prime Minister Shehbaz Sharif and Chief Minister Mariam Nawaz Sharif on Sunday expressed deep grief and...

Published 09 Dec, 2024 07:42am

Sports

Champions Trophy: PM, PCB chief discuss matters

LAHORE: Pakistan Cricket Board (PCB) Chairman and Interior Minister Mohsin Naqvi called on Prime Minister Shehbaz...

Published 09 Dec, 2024 07:37am

Business & Finance

BMP for raising tax-to-GDP ratio as collection shortfall likely to widen

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) on Sunday...

Published 09 Dec, 2024 07:23am

Pakistan

Capacity development of health workforce highlighted

LAHORE: Vice-Chancellor Fatima Jinnah Medical University Professor Khalid Masood Gondal highlighted the need for...

Published 09 Dec, 2024 07:20am

Pakistan

University of Education marks World Fisheries Day

FAISALABAD: The World Fisheries Day 2024 event was organized at the University of Education Faisalabad campus. On...

Published 09 Dec, 2024 07:17am

Pakistan

Ministry holding tests for appointment of 20 members of ATIR

ISLAMABAD: Ministry of Law and Justice on the directions of the prime minister is organizing a Qualifying Skills ...

Published 09 Dec, 2024 07:14am

Pakistan

Navy commemorates Gwadar Day

ISLAMABAD: Pakistan Navy commemorated Gwadar Day with full zeal, marking the 66th Anniversary of Gwadar’s merger...

Published 09 Dec, 2024 07:11am

Middle East

Israel shells north Gaza hospital, disrupting service

CAIRO: Palestinian health officials said on Sunday that Israeli forces had shelled the Kamal Adwan Hospital in the...

Updated 09 Dec, 2024 07:10am

Middle East

Former al Qaeda chief Abu Mohammed al-Golani led overthrow of Assad

BEIRUT: As the commander of al Qaeda’s franchise in the Syrian civil war, Abu Mohammed al-Golani was a shadowy...