New mechanism for shipping lines introduced KARACHI: The Customs Collectorate Appraisement (CCP) has introduced a new mechanism for shipping lines seeking... Published 30 May, 2023 03:37am
Taxes FBR directed to ensure bug-free system for POS lucky draws ISLAMABAD: The Federal Tax Ombudsman (FTO) has strictly directed the Federal Board of Revenue (FBR) to ensure... Published 30 May, 2023 03:37am
‘Mistreatment’ of women prisoners: Punjab CM refutes allegations LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi has strongly refuted the allegations of mistreatment of... Published 30 May, 2023 03:37am
Aleem, Tarin take stock of situation LAHORE: Former stalwarts of Pakistan Tehreek-e-Insaf (PTI) Aleem Khan and Jehangir Tarin met on Monday to discuss ... Published 30 May, 2023 03:37am
Parties have failed to promote democratic traditions: JI chief LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has said that the incumbent and the former ruling political parties ... Published 30 May, 2023 03:37am
COAS visits Quetta garrison RAWALPINDI: General Syed Asim Munir, COAS, visited Quetta Garrison where he addressed officers of Command &... Published 30 May, 2023 03:37am
The Weather KARACHI: The weather report on Monday (May 29, 2023) and the forecast for Tuesday (May 30, 2023)... Published 30 May, 2023 03:37am
Growth rate: PBS under the spotlight The provisional estimates for 2022-23 of the GDP by sector and by expenditure have been released recently by the... Published 30 May, 2023 03:37am
550 Karachi buildings in dilapidated conditions: SBCA KARACHI: Director General of Sindh Building Control Authority (SBCA) Muhammad Yasin Shar Baloch has said that in ... Published 30 May, 2023 03:37am
Bikers are involved in 54pc of road accidents: Karachi Administrator KARACHI: Administrator Dr Syed Saifur Rahman Monday said in 54 percent of road accidents in the city, motorcyclists... Published 30 May, 2023 03:37am
Bilawal pays tribute to history of UN Peacekeeping ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Monday paid rich tribute to the 75 years long history of UN... Published 30 May, 2023 03:37am
IK, Bushra Bibi names placed on ECL ISLAMABAD: The government on Monday placed the name of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and his... Published 30 May, 2023 03:37am
PPP govt, ECP made parties in petition: JI moves SHC for ‘protection’ of PTI UCs’ reps KARACHI: Jamaat-e-Islami (JI) Karachi on Monday sought the court help to protect the PTI UCs’ elected... Published 30 May, 2023 03:37am
Pakistan’s flood-hit regions: Mondelez with Akhuwat Foundation begin phase-II of rehabilitation efforts ISLAMABAD: As families from Pakistan’s flood-hit regions from last year still work towards rebuilding their lives,... Published 30 May, 2023 03:37am
PCB Level-II umpiring course starts today LAHORE: The Pakistan Cricket Board (PCB) will be organising four-day-long Level-II Umpiring Course from Tuesday at... Published 30 May, 2023 03:37am
People advised to take preventive measure against dengue fever ISLAMABAD: The district health authorities Islamabad, Monday, while advising the people to take preventive measures... Published 30 May, 2023 03:37am
Plan made for disposal of animal waste on Eid days KARACHI: As the Eidul Adha is fast approaching, authorities have evolved contingency plan for the collection and... Published 30 May, 2023 03:37am
Mishandling three imported vehicles: President directs FBR to apologise, make payment to citizen ISLAMABAD: President Dr Arif Alvi has directed the Federal Board of Revenue (FBR) to apologise and make payment to a... Published 30 May, 2023 03:37am
SAARC states’ leaders pay tribute to services of Iftikhar Ali Malik DHAKA: A well-known leader in industry and trade, ex-president of Lahore Chamber of Commerce and Industry (LCCI),... Published 30 May, 2023 03:37am
Al-Qadir Trust case: Rashid summoned ISLAMABAD: The National Accountability Bureau (NAB) has again summoned Awami Muslim League chief and former interior... Published 30 May, 2023 03:37am
IHC ‘informed’ PTI’s Afridi is in ‘death cell’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Shehryar Afridi’s lawyer informed the Islamabad High Court (IHC)... Published 30 May, 2023 03:37am
Karachi mayoral election on June 15 KARACHI: The election commission on Monday revealed that the mayor of Karachi will be elected through a show of ... Published 30 May, 2023 03:37am
ATC reserves judgment on bail plea of Umar till today ISLAMABAD: Anti-Terrorism Court (ATC) on Monday reserved its judgment on bail petition of Pakistan Tehreek-e-Insaf... Published 30 May, 2023 03:37am
PTI senators condemn May 9 mayhem, assail govt ISLAMABAD: A group of Pakistan Tehreek-e-Insaf (PTI) senators, on Monday, condemned May 09 riots following the ... Published 30 May, 2023 03:37am
PM likely to visit Azerbaijan ISLAMABAD: Prime Minister, Shehbaz Sharif is likely to visit Azerbaijan as soon as Ministry of Foreign Affairs ... Published 30 May, 2023 03:37am
Tax on undistributed reserves is ultra vires–I It is being reported that the government is repeating once again the mistake of taxing undistributed reserves of a... Published 30 May, 2023 03:37am
75th ‘International Day of Peace Missions’ observed KARACHI: Some 225,000 security personnel of Pakistan have performed duties under the flag of the United Nations (UN)... Published 30 May, 2023 03:37am
APNS elects committee members for Islamabad, KP KARACHI: The President, Nazafreen Saigol Lakhani and the Secretary General, Sarmad Ali of the All Pakistan ... Published 30 May, 2023 03:37am
Mehmood-ur-Rasheed: police allowed 2-day remand LAHORE: An Anti-Terrorism Court (ATC) on Monday allowed two days remand of PTI leader Mian Mehmood-ur-Rasheed in a... Published 30 May, 2023 03:37am
Dr Yasmin given into 14-day judicial remand LAHORE: An Anti-Terrorism Court (ATC) on Monday sent Pakistan Tehreek-e-Insaf (PTI) leader Yasmin Rashid to jail on ... Published 30 May, 2023 03:37am
IK greets Erdogan on victory LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman and former Prime Minister Imran Khan has congratulated Turkish... Published 30 May, 2023 03:37am
Sino-Pak agri scientists cultivate hybrid chillies over 750 acres MULTAN: Collaborative efforts of Sino-Pak agricultural scientists under the China-Pakistan Economic Corridor (CPEC)... Published 30 May, 2023 03:37am
PARTLY FACETIOUS: Belief is extremely partisan concept “So who do you believe?” “I reckon belief is an extremely partisan concept - I don’t think the Khanzadehs... Published 30 May, 2023 03:37am
Rates Bulls roar back KARACHI: Pakistan Stock Exchange Monday witnessed a bullish trend on the back of aggressive buying on rumors of a... Published 30 May, 2023 03:37am
FY23: Uncovering drivers of economic performance The National Account numbers for FY2023 have been published and, unfortunately, they paint a truly dismal picture of... Published 30 May, 2023 03:37am
Letters ‘Political despondency and economic despair’ This is apropos a Business Recorder editorial “Political despondency and economic despair” carried by the... Published 30 May, 2023 03:37am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 30 May, 2023 03:37am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 29, 2023)... Published 30 May, 2023 03:37am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Monday (May 29, 2023). ======================================= Offset Paper... Published 30 May, 2023 03:37am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 29, 2023).... Published 30 May, 2023 03:37am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Monday (May 29, 2023).... Published 30 May, 2023 03:37am
Rates Cross Transactions between Client to Client & Financial Institutions KARACHI: The following were the cross transactions between client to client & financial institutions here on... Published 30 May, 2023 03:37am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Monday (May 29, 2023).... Published 30 May, 2023 03:37am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday... Published 30 May, 2023 03:37am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Monday (May 29, 2023). ==================================== BR... Published 30 May, 2023 03:37am
Stocks Electronic/credit of dividend warrants/bonus/right share certificates KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates.... Published 30 May, 2023 03:37am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 30 May, 2023 03:37am
Rates Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 30 May, 2023 03:37am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 30 May, 2023 03:37am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 30 May, 2023 03:37am
Stocks Dates of Closure of Books & Annual General Meetings KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ... Published 30 May, 2023 03:37am
Rates EFU TAKAFUL CONSERVATIVE FUND RATES KARACHI: EFU Takaful Conservative Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE... Published 30 May, 2023 03:37am
Rates EFU TAKAFUL AGGRESSIVE FUND RATES KARACHI: EFU Takaful Aggressive Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE... Published 30 May, 2023 03:37am
Rates EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE 1,512.2014... Published 30 May, 2023 03:37am
Rates EFU INCOME GROWTH FUND KARACHI: EFU Income Growth Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE 1,085.2083... Published 30 May, 2023 03:37am
Rates EFU AGGRESSIVE FUND RATES KARACHI: EFU Aggressive Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE 1,508.9444 BID... Published 30 May, 2023 03:37am
Rates EFU GUARANTEED GROWTH FUND RATES KARACHI: EFU Guaranteed Growth Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE... Published 30 May, 2023 03:37am
Rates EFU Aitemad Growth Fund Rates KARACHI: EFU Aitemad Growth Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE 1,718.8048... Published 30 May, 2023 03:37am
Rates EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE 526.9500... Published 30 May, 2023 03:37am
Rates EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE 442.1683... Published 30 May, 2023 03:37am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Monday (May 29, 2023). ======================== OFFER PRICE 2,342.8202... Published 30 May, 2023 03:37am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Monday (May 29, 2023). ======================== Offer Price 608.9147... Published 30 May, 2023 03:37am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Monday (May 29, 2023). ======================== Offer Price 609.4856... Published 30 May, 2023 03:37am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (May 29, 2023). ======================== Offer Price... Published 30 May, 2023 03:37am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Monday (May 29, 2023). ======================== Offer Price 808.4375... Published 30 May, 2023 03:37am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Monday (May 29, 2023). ======================== Offer Price 1,790.4322... Published 30 May, 2023 03:37am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Monday (May 29, 2023). ======================== Offer Price 1,319.8347 Bid ... Published 30 May, 2023 03:37am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (May 29, 2023). ======================== Offer... Published 30 May, 2023 03:37am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (May 29, 2023). ======================== Offer... Published 30 May, 2023 03:37am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Monday (May 29, 2023).... Published 30 May, 2023 03:37am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 275,255 tonnes of cargo comprising 210,521 tonnes of import cargo and 64,734... Published 30 May, 2023 03:37am
Stocks Tokyo stocks close higher on US debt deal TOKYO: Tokyo stocks closed higher Monday, with investors cheered by signs of a breakthrough in US debt ceiling... Published 30 May, 2023 03:37am
Stocks Indian shares advances, led by financials BENGALURU: Indian shares advanced on Monday, led by an uptick in financials while improved global cues due to a... Published 30 May, 2023 03:37am
Stocks China stocks end lower SHANGHAI: China stocks fell on Monday, hovering near their lowest level for the year so far, after data showed ... Published 30 May, 2023 03:37am
Stocks European stocks slip as investors assess US debt deal PARIS: European shares edged lower in light trade on Monday, on losses in technology and bank stocks, while ... Published 30 May, 2023 03:37am
Money & Banking SBP unveils PSR: E-banking transactions reach Rs44trn mark by Q3-end KARACHI: Digital payments and infrastructure of the banking sector continues to expand and e-banking transactions... Updated 30 May, 2023 09:22am
Govt committed to promoting Islamic finance: Dar Finance minister says strategic plan in place for development of Islamic finance Updated 30 May, 2023 09:18am
KE seeks amendments to tax laws ISLAMABAD: K-Electric (KE) has sought amendments in tax laws including income tax, minimum turnover, payment of... Updated 30 May, 2023 09:22am
IMF continues its engagement with govt: Porter Focusing on restoration of foreign exchange proper market functioning, passage of a fiscal year 2024 budget consistent with program goals, and adequate financing to pave way for a Board meeting before the current program expires at June-end Updated 30 May, 2023 11:23am
CMOs miss most of the KPIs: PTA ISLAMABAD: The Cellular Mobile Operators (CMOs) have missed most of the Key Performance Indicators (KPIs) set in... Updated 30 May, 2023 09:26am
SAPM advocates introduction of ‘constitutional court’ ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Legal Reforms and Accountability, Irfan Qadir, Monday,... Updated 30 May, 2023 09:25am
8-member SC bench to hear pleas against SC Act on Thursday ISLAMABAD: An eight-member bench of the Supreme Court will hear petitions against the Supreme Court (Practice and... Updated 30 May, 2023 11:21am
Opportunity to end the impasse still exists: Yes, CJP is already looking for silver lining ISLAMABAD: Chief Justice of Pakistan Umar Ata Bandial said the judiciary and the executive must interact for the... Updated 30 May, 2023 09:23am
Benami assets: FBR may be empowered to invoke Sec 111 of IT Ord ISLAMABAD: The government is likely to empower the Federal Board of Revenue (FBR) to invoke Section 111 (unexplained... Updated 30 May, 2023 09:27am
MCB Bank to conduct Silkbank’s due diligence KARACHI: The Board of Directors of MCB Bank has accorded its in-principle approval to the management of the bank to... Published 30 May, 2023 03:37am
Builders, developers: Govt may extend tax incentives ISLAMABAD: The government is likely to give tax incentives to builders and developers in the budget (2023-24) to... Updated 30 May, 2023 09:25am
Russian oil: first shipment likely to reach by first week of June KARACHI: The first shipment of Russian crude oil is expected to hit Pakistani port during first week of June... Updated 30 May, 2023 09:18am
Spare the rod EDITORIAL: Flanked by relevant government officials and the UNICEF Representative, Federal Education Minister Rana... Published 30 May, 2023 03:37am
Pro-growth budget EDITORIAL: Senate Standing Committee on Finance and Revenue, which was chaired by Salim Mandviwalla, reviewed... Published 30 May, 2023 03:37am
Energy LPG AMPs of private sector: Govt approves new policy guidelines ISLAMABAD: Federal government has approved new policy guidelines for the installation of LPG Air-Mix Plants (AMPs) ... Published 30 May, 2023 03:37am
Matters with IMF to be finalised soon, says Ahsan Iqbal LAHORE: Expressing optimism that the matters with the IMF would be finalised soon, Federal Minister for Planning,... Published 30 May, 2023 03:37am
Budget proposals submitted to CM: Sindh govt should plan expenditures as per revenue estimates: PBF KARACHI: The Sindh Chapter of the Pakistan Business Forum (PBF) has demanded that it would have been much better if... Published 30 May, 2023 03:37am
Taxes SMBR chairs meeting about pending mutation cases LAHORE: Senior Member Board of Revenue (SMBR) Punjab Nabeel Javed has ordered disposal of pending mutation cases ... Published 30 May, 2023 03:37am
Energy KP govt raises power sector issues with federal govt ISLAMABAD: Khyber Pakhtunkhwa (KP) government has raised different issues of provincial power sector with Minister... Published 30 May, 2023 03:37am
Commodities Gold prices dip KARACHI: Gold prices on Monday saw a big fall on the local market, traders said. Gold was traded for Rs234500 per... Published 30 May, 2023 03:37am
Bilateral transit trade deal soon: Turkmenistan envoy ISLAMABAD: Ambassador of Turkmenistan to Pakistan Atadjan Movlamov has said that significant progress has been made... Published 30 May, 2023 03:37am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Monday (May 29, 2023). ======================== Open Bid Rs... Published 30 May, 2023 03:37am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (May 29, 2023).... Published 30 May, 2023 03:37am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (May 29,... Published 30 May, 2023 03:37am
Commodities PMEX daily trading report KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.825 ... Published 30 May, 2023 03:37am
3 imported coal-based IPPs to Thar coal: PPIB seeks details of Chinese Ad hoc Working Group on conversion