COP28 opens with launch of loss and damage fund DUBAI: Nearly 200 nations agreed Thursday to launch a fund to support countries hit by global warming, in a... Published 01 Dec, 2023 04:43am
India gives nod to buy weapons worth $26.8bn NEW DELHI: India’s defence ministry on Thursday gave the initial nod to procure weapons worth 2.23 trillion rupees... Published 01 Dec, 2023 04:43am
After 50 years, US to return to Moon on January 25 WASHINGTON: More than 50 years after the last Apollo mission, the United States will try once again to land a craft... Published 01 Dec, 2023 04:43am
Europe Russia bans ‘international LGBT movement’ MOSCOW: Russia on Thursday banned the “international LGBT movement,” claiming it was an extremist group in a ... Published 01 Dec, 2023 04:43am
Climate change could upturn world malaria fight: WHO GENEVA: Climate change is making the fight against malaria even harder, with the campaign already struggling to make... Published 01 Dec, 2023 04:43am
Hamas hands over two female hostages, others expected after truce extended GAZA/TEL AVIV: Two Israeli women have been handed to the Red Cross in Gaza City, Israel said on Thursday, and ... Published 01 Dec, 2023 04:43am
Afghan govt slams lack of invite to COP28 KABUL: Afghanistan’s Taliban authorities on Thursday condemned a decision not to invite its representatives to the... Published 01 Dec, 2023 04:43am
South Asia BJP, opposition Congress in tight race to win state elections: exit polls NEW DELHI: India’s main opposition Congress party is likely to win two of five state assembly elections while it ... Published 01 Dec, 2023 04:43am
British cos most confident since February 2022: Lloyds LONDON: British businesses were their most optimistic in almost two years in November, boosted by growing hopes ... Published 01 Dec, 2023 04:43am
Bangladesh opposition boycotts ‘farcical’ polls DHAKA: Bangladesh’s main opposition officially boycotted upcoming general elections Thursday, removing the only... Published 01 Dec, 2023 04:43am
China seeks ‘concrete’ roadmap for two-state solution to solve Gaza conflict BEIJING: China called on the United Nations Security Council on Thursday to formulate a “concrete” timetable and... Published 01 Dec, 2023 04:43am
Money & Banking Closing of ‘Gender Bond’ issue announced KARACHI: InfraZamin Pakistan, a licensed NBFI and credit guarantee provider, in partnership with Kashf Foundation, a... Published 01 Dec, 2023 04:43am
EU defence spending to reach record 270bn euros in 2023 BRUSSELS: EU military spending will reach a record 270 billion euros ($295 billion) in 2023 in the face of ... Published 01 Dec, 2023 04:43am
Over 10m fine imposed on hotel owner over gas theft ISLAMABAD: The SNGPL’s Task Force successfully continues its crackdown against gas pilferers. FIR against a ... Published 01 Dec, 2023 04:43am
PAITS registers 65,698 animals, 7,158 premises for PLDDD LAHORE: Pakistan Animal Identification and Traceability System (PAITS), a national repository of livestock, has... Published 01 Dec, 2023 04:43am
New hybrid seeds: Scientists urged to focus on dedicated research LAHORE: Pakistan Hi-Tech Hybrid Seed Association (PHHSA) Chairman Shahzad Ali Malik on Thursday urged the scientists... Published 01 Dec, 2023 04:43am
SHC issues notice to Nadra’s over showing three mothers of a boy KARACHI: The Sindh High Court has issued a notice to National Database and Registration Authority (Nadra) seeking ... Published 01 Dec, 2023 04:43am
Sindh announces winter vacations for schools KARACHI: The Sindh government on Thursday announced winter vacations for private and government schools and other... Published 01 Dec, 2023 04:43am
Team building workshop for BHU healthcare professionals held LAHORE: An inter-professional team building workshop was organised by the Forman Christian College University (FCCU)... Published 01 Dec, 2023 04:43am
Traders urged to protect workers’ rights ISLAMABAD: President Dr Arif Alvi has urged traders and businessmen to ensure the protection of workers' rights and... Published 01 Dec, 2023 04:43am
The Weather KARACHI: The weather report on Thursday (November 30, 2023) and the forecast for Friday (December 01, 2023)... Published 01 Dec, 2023 04:43am
Kakar for utilising loss & damage fund on merit DUBAI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Thursday stressed the need to immediately operationalise the... Published 01 Dec, 2023 04:43am
Bilawal underscores need for ‘new’ approach to politics QUETTA: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Thursday stressed the need for a new way of... Published 01 Dec, 2023 04:43am
Ministry for implementing ‘high-efficiency’ irrigation system ISLAMABAD: The Ministry of Planning, Development and Special Initiatives (MoPDSI) emphasised on implementation of ... Published 01 Dec, 2023 04:43am
Integrated energy planning project: caretaker federal minister reviews progress ISLAMABAD: The Minister of Planning, Development and Special Initiatives reviewed progress on the Integrated Energy... Published 01 Dec, 2023 04:43am
Toshakhana case: IHC reserves verdict on IK’s plea ISLAMABAD: The Islamabad High Court (IHC), Thursday, reserved its verdict in Chairman Pakistan Tehreek-e-Insaf (PTI)... Published 01 Dec, 2023 04:43am
State broadcasters need ‘reforms’: minister ISLAMABAD: Caretaker Federal Minister for Information, Broadcasting and Parliamentary Affairs Murtaza Solangi on... Published 01 Dec, 2023 04:43am
SC urged to declare SJC proceedings ‘coram non judice’ ISLAMABAD: The Supreme Court has been urged to declare the initiation of proceedings by the Supreme Judicial Council... Published 01 Dec, 2023 04:43am
President for enhancing partnership with WHO to overcome challenges ISLAMABAD: President Dr Arif Alvi has called for further enhancing the partnership between the World Health... Published 01 Dec, 2023 04:43am
Al-Qadir varsity project: Lawyer makes public trust deed ISLAMABAD: Intizar Hussain Panjotha, the counsel for jailed ex-prime minister Imran Khan, made the “trust deed of... Published 01 Dec, 2023 04:43am
Injured persons: Senate seeks legal opinion on immediate emergency treatment ISLAMABAD: The Senate Standing Committee on National Health Services and Regulations has sought a detailed response... Published 01 Dec, 2023 04:43am
Punjab, upper Sindh: Fog, smog likely to engulf plains this month KARACHI: Fog and smog are likely to engulf the country’s plains in December, the Met Office said on Thursday. In... Published 01 Dec, 2023 04:43am
PBA conducts training session on trade-based money laundering KARACHI: Delivering upon its commitment to further strengthen the financial sector against local and global trade... Published 01 Dec, 2023 04:43am
Contempt case: Authorities continue to violate directives by not presenting IK before ECP: lawyer ISLAMABAD: The authorities concerned continue to violate the directives of the electoral entity by not presenting... Published 01 Dec, 2023 04:43am
GCWUF to hold ‘education-cum-job fair’ FAISALABAD: The Government College Women University Faisalabad (GCWUF) will organise an education-cum-job fair to... Published 01 Dec, 2023 04:43am
Lack of availability of GDP data at provincial level creating anomalies: PC deputy chief LAHORE: Deputy Chairman Planning Commission Dr Mohammad Jehanzeb Khan has said that Punjab is a large player in... Published 01 Dec, 2023 04:43am
2,100 children of martyrs, heroes provided jobs: IGP Punjab LAHORE: Inspector General Police Punjab Dr Usman Anwar has said that alive nations never forget their martyrs and... Published 01 Dec, 2023 04:43am
Toshakhana case: AC grants time to NAB to review Nawaz’s reply ISLAMABAD: An Accountability Court, on Thursday, granted time to the National Accountability Bureau (NAB) to review... Published 01 Dec, 2023 04:43am
Climate change has become a real threat: PBIF KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum ... Published 01 Dec, 2023 04:43am
CM reviews work on Ghora Chowk flyover project LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi paid a surprise visit of Ghora Chowk flyover late at night... Published 01 Dec, 2023 04:43am
Elahi’s physical remand extended LAHORE: A city magistrate on Thursday extended physical remand of former Punjab Chief Minister and PTI President... Published 01 Dec, 2023 04:43am
Four throat-slit bodies found from home in Karachi KARACHI: Four bodies with slit throats were recovered from a house in the metropolis on Thursday. Police arrested ... Published 01 Dec, 2023 04:43am
Govt should address root causes of smog: CAP LAHORE: The closure of commercial activity and markets is not yielding results, as the government does not ... Published 01 Dec, 2023 04:43am
Dismissal of pre-arrest bail in 7 cases: IK’s plea allowed by LHC DB LAHORE: A division bench of the Lahore High Court on Thursday allowed an application of PTI chairman Imran Khan and... Published 01 Dec, 2023 04:43am
Amendments in ECA: LHC adjourns proceedings in a plea LAHORE: The Lahore High Court on Thursday adjourned the proceedings in a petition of a citizen Mashkoor Hussain... Published 01 Dec, 2023 04:43am
Minister meets SOCAR team in Dubai ISLAMABAD: The Minister for Energy held a meeting with the leadership of SOCAR Trading in Dubai with their... Published 01 Dec, 2023 04:43am
Al-Qadir Trust scam: Notices issued on bail plea of IK ISLAMABAD: The Accountability Court, on Thursday, issued notices to the concerned parties on post-arrest bail of... Published 01 Dec, 2023 04:43am
Rates PSX rangebound KARACHI: Pakistan Stock Exchange on Thursday witnessed a mixed trend and after moving both ways, closed on slightly... Published 01 Dec, 2023 04:43am
IK urges CJP to help end his ‘political victimisation’ ISLAMABAD: The incarcerated former Prime Minister Imran Khan on Thursday sent a missive to Chief Justice of Pakistan... Published 01 Dec, 2023 04:43am
Energy Ogra hikes LPG rates ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) in accordance with the policy guidelines of the federal... Published 01 Dec, 2023 04:43am
PARTLY FACETIOUS: The glass half full “So what went wrong?” “You really need to narrow it down in the Land of the Pure. There is plenty wrong... Published 01 Dec, 2023 04:43am
Pakistan: leadership crisis The primary constituents of economic growth encompass physical capital, infrastructure, human capital, and... Published 01 Dec, 2023 04:43am
Alarming threat of global warming and lagging climate finance The progress made since the landmark Paris Agreement back in 2015 is seriously lagging as pointed out by a recently... Published 01 Dec, 2023 04:43am
Letters Remembering Henry Kissinger Former US secretary of state Henry Kissinger has died at the age of 100. After fleeing Nazi Germany with his family... Published 01 Dec, 2023 04:43am
Hailing IHC’s interim order on windfall income tax on banking cos Further our Technical Release 12/2023 dated November 28, 2023 wherein we have given our comments on the Windfall... Updated 01 Dec, 2023 05:12am
Election manifesto What distinguishes cult leaders from politicians who represent their country? Can demagoguery and verbosity serve as... Published 01 Dec, 2023 04:43am
Stocks Dow hits 2023 peak as Salesforce jumps NEW YORK: The Dow Jones industrials index hit its highest level in 2023 on Thursday, as Salesforce jumped on an... Published 01 Dec, 2023 04:43am
Stocks European shares posts best month since Jan PARIS: European shares hit a more than two-month high on Thursday, ending November sharply higher, after data ... Published 01 Dec, 2023 04:43am
Stocks China stocks end nearly flat on PMI data SHANGHAI: China stocks closed nearly flat on Thursday after downbeat manufacturing data, with investors calling for... Published 01 Dec, 2023 04:43am
Stocks India’s Nifty 50 posts best month since July 2022 BENGALURU: India’s blue-chip index Nifty 50 logged its biggest monthly gain in November since July 2022, led by... Published 01 Dec, 2023 04:43am
Cotton & Textile Cotton market: Prices fall amid modest trading activity LAHORE: The Karachi Cotton Association (KCA) on Thursday announced a drop of Rs 200 in the spot rate and fixed it at... Published 01 Dec, 2023 04:43am
Energy Oil prices fall amid skepticism on OPEC+ supply cuts WASHINGTON: Oil prices fell on Thursday after rising by more than 1% earlier in the session after OPEC+ oil ... Published 01 Dec, 2023 04:43am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 171,105 tonnes of cargo comprising 122,460 tonnes of import cargo and 48,645... Published 01 Dec, 2023 04:43am
Energy US natgas prices ease on forecasts for less cold weather NEW YORK: US natural gas futures slid about 1% on Wednesday on forecasts for less cold weather through mid-December... Published 01 Dec, 2023 04:43am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 01 Dec, 2023 04:43am
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 01 Dec, 2023 04:43am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (November 30, 2023). ========================== KIBOR... Published 01 Dec, 2023 04:43am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (November... Published 01 Dec, 2023 04:43am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (November 30, 2023). ======================== Open ... Published 01 Dec, 2023 04:43am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (November 30, 2023).... Published 01 Dec, 2023 04:43am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 30, 2023).... Published 01 Dec, 2023 04:43am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (November 30, 2023)... Published 01 Dec, 2023 04:43am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (November 30, 2023). ======================================= ... Published 01 Dec, 2023 04:43am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (November 30, 2023). ==================================== ... Published 01 Dec, 2023 04:43am
Govt embarks on restructuring PIA, PSM, railways Federal government has periodically been releasing unbudgeted support to pay the salaries of Pakistan Steel Mills employees since 2013 Updated 01 Dec, 2023 12:42pm
Once in every 5 years: Govt would be required to design ‘SOEs policy’ ISLAMABAD: The federal government would be required, at least once in every five years, to prepare and prescribe a... Updated 01 Dec, 2023 12:41pm
GDP likely to decrease due to climate challenges: World Bank ISLAMABAD: Pakistan’s GDP is expected to decrease by a minimum of 18 to 20 percent by 2050 due to severe... Updated 01 Dec, 2023 09:16am
GDP, exports and FDI potential: ‘Overregulation, low productivity main hindrance’ KARACHI: Overregulation and low productivity are preventing Pakistan from reaching its potential for GDP growth,... Updated 01 Dec, 2023 09:50am
Jul-Nov collection exceeds target ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs3,484 billion during the first five... Updated 01 Dec, 2023 09:08am
Body approved to condone import and export-related curbs ISLAMABAD: The federal cabinet has approved a three-member committee headed by caretaker Minister for Commerce to... Updated 01 Dec, 2023 09:34am
ECP reacts strongly to election ‘delay’ reports ISLAMABAD: The Election Commission of Pakistan (ECP) has dismissed as baseless media reports regarding an expected... Updated 01 Dec, 2023 09:08am
MoF says PD may ink TDS deal with KE ISLAMABAD: While taking a principled position on proposed draft agreements with the government of Pakistan (GoP) and... Updated 01 Dec, 2023 09:35am
Taxes FTO asks FBR to review ED regime ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to review whole regime of... Updated 01 Dec, 2023 09:12am
LHC, too, suspends SRO about tax on banks’ windfall income ISLAMABAD: The Lahore High Court (LHC) has also suspended the SRO 1588(I)/2023 of the Federal Board of Revenue (FBR)... Updated 01 Dec, 2023 09:50am
Gas tariff hike: Karachi industrialists announce shutdown KARACHI: The industrialists of Karachi have announced shutdown of all industries on Monday, December 4, demanding... Updated 01 Dec, 2023 09:34am
FCCL commissions Greenfield Cement Plant at DG Khan ISLAMABAD: Fauji Cement Company Limited (FCCL) has successfully commissioned its Greenfield Cement Manufacturing... Published 01 Dec, 2023 04:43am
Commodities Gold, silver prices remain unchanged KARACHI: Gold and silver prices on Thursday remained unchanged on the local market, traders said. Gold was selling... Published 01 Dec, 2023 04:43am
Chinese CG visits EPZA, highlights CPEC’s ‘promising’ future KARACHI: The Chinese Consul General in Karachi Yang Yundong highlighted the promising future of the China-Pakistan... Published 01 Dec, 2023 04:43am
Exporter succeeds in obtaining input tax against alleged fake/flying invoices LAHORE: A silk manufacturer cum exporter has succeeded in obtaining input tax against the alleged fake/flying... Published 01 Dec, 2023 04:43am
Auto vendors’ investments hit hard by supply chain disruptions LAHORE: The investment of millions of rupees in the latest machinery and infrastructure by local auto vendors is... Published 01 Dec, 2023 04:43am
Sri Lanka inflation doubles ahead of debt deal COLOMBO: Sri Lanka’s inflation more than doubled to 3.4 percent in November, the statistics office said Thursday, ... Published 01 Dec, 2023 04:43am
FDI prospects EDITORIAL: Senior leadership of Pakistan’s Special Investment Facilitation Council (SIFC) — federal and... Published 01 Dec, 2023 04:43am
IMF’s climate concerns EDITORIAL: Once again we have to be arm-twisted by outsiders into doing what is good for us. IMF’s (International... Published 01 Dec, 2023 04:43am
Commodities Copper near 10-week high, but China data weighs LONDON: Copper hovered near 10-week highs on Thursday but weak Chinese manufacturing data and a stronger dollar... Published 01 Dec, 2023 04:43am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (November 30, 2023)... Published 01 Dec, 2023 04:43am
Commodities Malaysian palm oil futures higher KUALA LUMPUR: Malaysian palm oil futures edged up on Thursday, underpinned by higher export duties in large producer... Published 01 Dec, 2023 04:43am
Commodities Gold slips as dollar firms in run up to US inflation BENGALURU: Gold prices eased on Thursday as the dollar staged a rebound ahead of US inflation data, although bullion... Published 01 Dec, 2023 04:43am
Commodities Chicago wheat lower PARIS/CANBERRA: Chicago wheat edged down on Thursday after rebounding this week from contract lows, with ... Published 01 Dec, 2023 04:43am
Commodities Dalian iron ore futures rise SINGAPORE: Dalian iron ore futures snapped a five-day decline on Thursday, reflecting market participants’ ... Published 01 Dec, 2023 04:43am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.860... Published 01 Dec, 2023 04:43am
3 imported coal-based IPPs to Thar coal: PPIB seeks details of Chinese Ad hoc Working Group on conversion