World Bank, UAE lead climate financing boost at COP28 DUBAI: Governments, development banks and companies announced on Friday initiatives to mobilise billions in climate... Published 02 Dec, 2023 05:09am
UN chief, COP28 president clash over future of fossil fuels DUBAI: UN Secretary General Antonio Guterres urged world leaders at the COP28 climate summit to plan for a future... Published 02 Dec, 2023 05:09am
At least seven killed in attack on clerics in Herat HERAT, (Afghanistan): At least seven people were killed Friday when unidentified gunmen opened fire on a rickshaw... Published 02 Dec, 2023 05:09am
Scores killed in Gaza as fighting shatters truce GAZA: Israel’s warplanes pounded Gaza on Friday after talks to extend a week-old truce with Hamas collapsed,... Published 02 Dec, 2023 05:09am
Ex-cricketers appointed as consultant members of PCB body LAHORE: Former cricketers Kamran Akmal, Rao Iftikhar Anjum and Salman Butt has been appointed as consultant members... Published 02 Dec, 2023 05:09am
ACC U-19 Asia Cup 2023: Pakistan squad announced LAHORE: Saad Baig will continue to lead Pakistan U-19 team in the ACC U-19 Asia Cup 2023 set to take place in Dubai.... Published 02 Dec, 2023 05:09am
The way forward Discussions and arguments on the politics of the day — at all levels and at all times — are in the DNA of our... Published 02 Dec, 2023 05:09am
Restoring the environment Many years ago when I was working for a big international chemicals company we had an important visit from the head... Published 02 Dec, 2023 05:09am
Business Confidence Index EDITORIAL: Strangely, while the OICCI’s (Overseas Investors Chamber of Commerce and Industry’s) latest BCI... Published 02 Dec, 2023 05:09am
Kissinger’s complicated legacy EDITORIAL: If all the praise and scorn showered upon former US national security advisor and secretary of state ... Published 02 Dec, 2023 05:09am
Climate change challenges: Germany reaffirms support to Pakistan KARACHI: The German Consul General in Karachi, Dr Rudiger Lotz, affirmed Germany’s support for Pakistan in dealing... Published 02 Dec, 2023 05:09am
Al-Qadir Trust scam: NAB files reference against IK, others ISLAMABAD: The National Accountability Bureau (NAB), on Friday, filed a corruption reference against Pakistan... Published 02 Dec, 2023 05:09am
APNS condoles death KARACHI: Nazafreen Saigol Lakhani, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers ... Published 02 Dec, 2023 05:09am
52nd National Day United Arab Emirates: Message from H.E. Hamad Obaid Al Zaabi, Ambassador of the UAE to Pakistan TEXT: On December 2 of each year, the UAE commemorates its National Day and the anniversary of the establishment of... Published 02 Dec, 2023 05:09am
52nd National Day United Arab Emirates: Message from Bakheet Ateeq Al Rehmeithi, Consul General of the UAE in Karachi TEXT: Congratulations to the Government of UAE and all Emirati people on the 52nd National Day. I pray that this... Published 02 Dec, 2023 05:09am
52nd National Day United Arab Emirates: Message from Faisal Niaz Tirmizi, Ambassador of Pakistan to the UAE TEXT: On the auspicious occasion of 52nd National Day of the United Arab Emirates, I extend my profound ... Published 02 Dec, 2023 05:09am
The Weather KARACHI: The weather report on Friday (December 01, 2023) and the forecast for Saturday (December 02, 2023)... Published 02 Dec, 2023 05:09am
PM joins world leaders to discuss climate actions DUBAI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday held informal interactions with multiple world ... Published 02 Dec, 2023 05:09am
CEC hints at announcing election schedule on 16th ISLAMABAD: The schedule for general elections would be issued 54 days prior to the polling date, Chief Election... Published 02 Dec, 2023 05:09am
SAU, BROOKE sign MoU for welfare & health care of animals HYDERABAD: A Memorandum of Understanding (MoU) has been signed between Sindh Agriculture University (SAU) and the... Published 02 Dec, 2023 05:09am
PPP-P issues instructions to aspirants of party tickets ISLAMABAD: Pakistan People’s Party-Parliamentarians (PPP-P) Secretary-General Syed Nayyer Hussain Bokhari has... Published 02 Dec, 2023 05:09am
PPP Digital Islamabad lauds Bilawal’s exceptional leadership as FM ISLAMABAD: Pakistan People’s Party (PPP) Digital Islamabad expressed its profound appreciation for Chairman ... Published 02 Dec, 2023 05:09am
Bushra Bibi, Khawar Maneka: Plea seeking record of divorce dismissed LAHORE: The Lahore High Court on Friday dismissed a petition of bar member seeking record of the divorce between... Published 02 Dec, 2023 05:09am
CPEC transmission project: Pakistani engineers receive training in China BEIJING: Muhammad Talha is one of 11 Pakistani engineers who have recently attended a technical training programme ... Published 02 Dec, 2023 05:09am
Pakistan elected to EC of OPCW for two-year term ISLAMABAD: The 28th session of the Conference of States Parties to the Chemical Weapons Convention (CWC) that... Published 02 Dec, 2023 05:09am
Parliamentary panel informed: ‘Major focus on ‘Saudi Arabia’s Vision 2030’ to bolster workforce in KSA’ ISLAMABAD: A parliamentary panel was informed on Friday that the country’s major focus is Saudi Arabia’s Vision... Published 02 Dec, 2023 05:09am
JI supports industry's strike against gas tariff hike KARACHI: Jamaat-e-Islami (JI) on Friday announced to back the strike called by the trade and industry for December ... Published 02 Dec, 2023 05:09am
IHC orders removing name of Mazari from PCL ISLAMABAD: The Islamabad High Court (IHC) on Friday ordered to remove the name of former leader of Pakistan... Published 02 Dec, 2023 05:09am
‘Loan repayment’: Couple commits suicide after killing 3 daughters FAISALABAD: In a shocking incident, a Faisalabad couple committed suicide after killing their daughters in ... Published 02 Dec, 2023 05:09am
Ceremony held to mark 75 years of Pak-Netherlands diplomatic ties LAHORE: Governor Punjab Muhammad Balighur Rehman attended a ceremony held at Lahore Fort to celebrate the completion... Published 02 Dec, 2023 05:09am
CDA body grants approval for building plan of CCP ISLAMABAD: The Design Vetting Committee of the Capital Development Authority (CDA) has officially granted approval... Published 02 Dec, 2023 05:09am
ATC acquits ex-MPA, 7 others LAHORE: An anti-terrorism court on Friday acquitted former MPA Nazir Chohan and seven others in a 2022 case of... Published 02 Dec, 2023 05:09am
Around 7000 students join e-Rozgaar Training Plan LAHORE: More than 7,000 youth from across Punjab have joined the new batch of the e-Rozgaar Training Programme, an... Published 02 Dec, 2023 05:09am
ACCA, IFAC, PwC releases new report LAHORE: As world leaders gather for COP28, ACCA (the Association of Chartered Accountants), IFAC (the International... Published 02 Dec, 2023 05:09am
9000 new HIV/ AIDS patients detected this year so far ISLAMABAD: Pakistan has detected over 9,000 new HIV/ AIDS patients so far this year, senior officials of the ... Published 02 Dec, 2023 05:09am
Cypher case: hearing to be held in jail today ISLAMABAD: The special court, on Friday, announced that hearing of the cypher case against Pakistan Tehreek-e-Insaf... Published 02 Dec, 2023 05:09am
Rs1.38bn approved for purchase of equipment & vehicles for Rangers KARACHI: The Sindh Cabinet on Friday approved the release of Rs1.38 billion funds for the purchase of water canons,... Published 02 Dec, 2023 05:09am
PTI to elect Gohar Ali as ‘temporary’ chairman today ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) is all set to elect Barrister Gohar Ali Khan as the temporary chairman of... Published 02 Dec, 2023 05:09am
Bilawal says PPP to usher in ‘new era of politics’ QUETTA: Pakistan People’s Party Chairman Bilawal Bhutto Zardari said on Friday that discarding the outdated ways ... Published 02 Dec, 2023 05:09am
Letters The plight of patients in Gaza That Israel has been violating the terms of its truce with Hamas is a grim reality that has found its best ... Published 02 Dec, 2023 05:09am
Gunmen kill policeman guarding polio vaccination team PESHAWAR: A policeman was killed when militants attacked a polio vaccination team on Friday, police said, the latest... Published 02 Dec, 2023 05:09am
PARTLY FACETIOUS: Khosa has thrown a spanner in the works of Gohar? “For the life of me I cannot understand the chatter on the airwaves as to who will remain in charge after Pakistan... Published 02 Dec, 2023 05:09am
Stocks European shares hit four-month highs as miners rally PARIS: European shares extended their gains from November on Friday, propelled by sharp rises in miners and as euro... Published 02 Dec, 2023 05:09am
Stocks China, HK stocks fall as data points to feeble recovery SHANGHAI: Chinese and Hong Kong stocks fell on Friday, with the Hang Seng Index recording its worst week in over... Published 02 Dec, 2023 05:09am
Stocks Australian shares snap 3-day gaining streak SYDNEY: Australian shares snapped a three-day winning streak on Friday, starting the last month of the year on a... Published 02 Dec, 2023 05:09am
Solar panel, allied equipment manufacturing: Govt decides to identify, plug policy gaps Neelofur Hafeez, Joint Secretary (LED), MoI&P briefs about decisions taken in 5th meeting of the Apex Committee of the SIFC Updated 02 Dec, 2023 03:50pm
PSO allowed Rs3.21 per litre exchange rate adjustment ISLAMABAD: As the maximum petroleum levy (PL) on petrol can not exceed Rs 60 per litre without parliamentary... Updated 02 Dec, 2023 03:33pm
Only photovoltaic cells exempted from sales tax: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the exemption of sales tax previously available on... Updated 02 Dec, 2023 03:33pm
Climate plans: Over 130 nations agree to include food, agriculture DUBAI: More than 130 countries agreed to prioritise food and agriculture in their national climate plans at COP28 in... Updated 02 Dec, 2023 03:51pm
Rates Another milestone achieved KARACHI: Pakistan Stock Exchange on Friday made new historic record hitting highest-ever levels in its history on ... Published 02 Dec, 2023 05:09am
DPC proposes ‘appropriate’ changes in statute KARACHI: The Deposit Protection Corporation (DPC) has proposed “appropriate” changes in its statute to enhance its... Updated 02 Dec, 2023 03:53pm
Govt reaffirms its commitment to protect CPEC projects, workers ISLAMABAD: Pakistan, on Friday, reaffirmed its strong commitment to the protection of workers and projects under the... Updated 02 Dec, 2023 03:32pm
UN conventions bind Pakistan to protect rights of refugees: SC ISLAMABAD: The Supreme Court observed that Pakistan is a signatory to United Nations conventions safeguarding the... Updated 02 Dec, 2023 09:34am
SC asks govt to auction off two ‘costly’ vehicles ISLAMABAD: The Supreme Court registrar has written letters to the Cabinet Division secretary and chief secretary... Published 02 Dec, 2023 05:09am
PNSC not a loss-making institution: spokesman KARACHI: The spokesman of Pakistan National Shipping Corporation (PNSC) has denied reports published in local press... Published 02 Dec, 2023 05:09am
Transport for visiting ministers: Embassy in UAE seeks more funds ISLAMABAD: Pakistan’s Embassy in United Arab Emirates (UAE) is said to have asked Ministry of Finance, and Power and... Updated 02 Dec, 2023 09:35am
Federal govt employees: Guidelines issued for grant of compensatory allowance ISLAMABAD: Finance Division has issued new guidelines for grant of compensatory allowance to federal government... Updated 02 Dec, 2023 09:12am
Roosevelt Hotel sell-off: PC Board approves appointment of FA ISLAMABAD: The Privatisation Commission Board in a meeting chaired by the Federal Minister for... Updated 02 Dec, 2023 09:14am
‘Green channel facility’: 57pc of imported consignments cleared at ports ISLAMABAD: A total of 57 percent of the imported consignments have been cleared at ports under the “green channel... Updated 02 Dec, 2023 09:51am
U Microfinance Bank announces financial results KARACHI: U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, has published its financial results ... Published 02 Dec, 2023 05:09am
TSML assigned ‘Initial Entity Ratings’ ISLAMABAD: The Pakistan Credit Rating Agency Limited (PACRA) has assigned “Initial Entity Ratings” to... Published 02 Dec, 2023 05:09am
Kakar meets Netherlands PM: Dutch firms invited to invest in agri, energy sectors DUBAI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday met Prime Minister of the Netherlands Mark Rutte... Published 02 Dec, 2023 05:09am
Business community united under BMP for FPCCI polls KARACHI: Rafiq Sulaiman, the vice president candidate in the Federation of Pakistan Chamber of Commerce and Industry... Published 02 Dec, 2023 05:09am
Energy Oil exploration rights: Bids opened for 10 onshore blocks ISLAMABAD: Bid Opening Committee under the chairmanship of DGPC publicly opened bids for 10 onshore blocks for grant... Published 02 Dec, 2023 05:09am
Commodities Gold prices lower KARACHI: Gold prices on Friday inched down on the local market but silver was unmoved, traders said. Gold lost Rs500... Published 02 Dec, 2023 05:09am
Cotton & Textile Trading in cotton market remains dull LAHORE: The trading in local market on Friday remained dull and the trading volume remained low. Cotton analyst,... Published 02 Dec, 2023 05:09am
Stocks Wall St higher as Powell comments bolster peak-rate bets NEW YORK: Wall Street’s main indexes inched higher on Friday after Federal Reserve Chair Jerome Powell ... Published 02 Dec, 2023 05:09am
Energy UAE markets fall on weak oil prices DUBAI: Stock exchanges in the United Arab Emirates closed lower on Friday on volatile oil prices after OPEC+... Published 02 Dec, 2023 05:09am
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 02 Dec, 2023 05:09am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Friday (December 01, 2023). ========================== KIBOR... Published 02 Dec, 2023 05:09am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (December... Published 02 Dec, 2023 05:09am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (December 01, 2023). ======================== Open Bid... Published 02 Dec, 2023 05:09am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 01, 2023).... Published 02 Dec, 2023 05:09am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 01, 2023). ==================================== BR... Published 02 Dec, 2023 05:09am
Banks get carbon emissions standard they sought for stock, bond deals LONDON: Banks will need to account for a third of the emissions linked to their capital markets deals when they... Published 02 Dec, 2023 05:09am
SPI down 0.23pc WoW ISLAMABAD: A decline of 0.23 percent has been recorded in the weekly Sensitive Price Index (SPI) for the week ending... Published 02 Dec, 2023 05:09am
Nov CPI inflation rises to 29.2pc YoY ISLAMABAD: Consumer Price Index (CPI) inflation increased to 29.2 percent on a year-on-year basis in November 2023 ... Published 02 Dec, 2023 05:09am
Nov Economic Update, Outlook not uploaded ISLAMABAD: Finance Ministry has not uploaded “Economic Update and Outlook” for the month of November 2023 due to... Published 02 Dec, 2023 05:09am
Jul-Nov trade deficit shrinks 33.59pc to $9.378bn YoY ISLAMABAD: Pakistan’s trade deficit contracted by 33.59 percent to $9.378 billion during the first five months... Published 02 Dec, 2023 05:09am
Industry UBG leader underscores unity of his group KARACHI: Chairman UBG Sindh Region Khalid Tawab has underscored the unity of UBG and its alliance group against any... Published 02 Dec, 2023 05:09am
Industry Report submitted on stock of agri fertilizers HYDERABAD: In pursuance of directions of Deputy Commissioner Matari Lal Dino Mangi, the Department of Agriculture... Published 02 Dec, 2023 05:09am
Industry CCP issues show-cause notices to eight sugar mills LAHORE: The Cane Commissioner Punjab Abdul Rauf has issued show cause notices under the Punjab Sugar Factories... Published 02 Dec, 2023 05:09am
Money & Banking Public health sector: Pakistan needs to spend 1pc of GDP every year: World Bank LAHORE: World Bank has estimated that Pakistan needed to spend one percent of current GDP, i.e. $4 billion, per year... Published 02 Dec, 2023 05:09am
Money & Banking US dollar falls NEW YORK: The dollar fell on Friday, after two days of gains, as Federal Reserve Chair struck a cautious tone on... Published 02 Dec, 2023 05:09am
Money & Banking S Korean won, Taiwan dollar lead Asian FX lower BENGALURU: The South Korean won and the Taiwan dollar started December on a weak note on Friday, after the US dollar... Published 02 Dec, 2023 05:09am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer