Federal budget and pro-cyclical policy The federal budget, due to come into effect in the next few days, has continued with the pro-cyclical policy... Updated 28 Jun, 2024 03:16pm
India: two-faced foreign policy EDITORIAL: Confirming media reports that India has been providing drones and artillery shells to his country in its... Published 28 Jun, 2024 06:42am
Country needs Operation Azm-e-Istehkam The ghastly attacks of September 11, 2001, on Twin Towers, tragically claimed lives of innocent Americans, who left... Published 28 Jun, 2024 06:42am
A very welcome initiative EDITORIAL: Education, the building block of socio-economic progress, primarily is a government responsibility. But ... Published 28 Jun, 2024 06:23am
Excessive govt expenditure EDITORIAL: If there were any doubts about whether the ruling elite realise the seriousness of the economic crisis... Published 28 Jun, 2024 06:15am
Govt making all-out efforts towards ICT promotion: minister ISLAMABAD: State Minister for Information Technology (IT) and Telecommunication Shaza Fatima Khawaja has said that... Published 28 Jun, 2024 05:41am
China expels former defence minister from Communist Party BEIJING: Former Chinese defence minister Li Shangfu has been expelled from the ruling Communist Party for causing... Updated 28 Jun, 2024 07:36am
US Senate body probes 18 oil producers on price collusion with OPEC WASHINGTON: The US Senate budget committee on Thursday launched a probe of 18 domestic oil producers about any... Published 28 Jun, 2024 05:41am
NATO can weather political storms in US, France: Stoltenberg BRUSSELS: NATO chief Jens Stoltenberg on Thursday said the “resilient” military alliance can ride out any... Published 28 Jun, 2024 05:41am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 144,053 tonnes of cargo comprising 87,854 tonnes of import cargo and 26,199... Published 28 Jun, 2024 05:41am
Europe ‘Climate neutral’ ad claims must be backed up: German court FRANKFURT, (Germany): Companies in Germany can only promote their products as “climate neutral” if they back up... Published 28 Jun, 2024 05:41am
Asia China gives cities over $316m in emergency relief amid deadly floods BEIJING: China has provided more than 2.3 billion yuan ($316.4 million) in funds to help with rescue efforts,... Published 28 Jun, 2024 05:41am
Assembly has authority to determine salaries, allowances for memebers LAHORE: Speaker Malik Muhammad Ahmad Khan on Thursday gave a significant ruling on the point of order raised by... Published 28 Jun, 2024 05:41am
Various sectors ‘Govt working diligently without discrimination’ LAHORE: Speaker Punjab Assembly Malik Muhammad Ahmad Khan on Thursday said that the current government is working... Published 28 Jun, 2024 05:41am
The Weather KARACHI: The weather report on Thursday (June 27, 2024) and the forecast for Friday (June 28, 2024)... Published 28 Jun, 2024 05:41am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 28 Jun, 2024 05:41am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 27, 2024).... Published 28 Jun, 2024 05:41am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 27, 2024)... Published 28 Jun, 2024 05:41am
Rates Index stays in green zone KARACHI: A bullish trend continued on Pakistan Stock Exchange on Thursday on the back of investor interest, mainly ... Published 28 Jun, 2024 05:41am
Govt to counter Congress motion thru NA: Dar ISLAMABAD: A day after the US House of Representatives demanded an independent probe into the February 8 Pakistan... Published 28 Jun, 2024 05:41am
US again urges Pakistan to ‘fulfil’ constitutional, global obligations WASHINGTON: The United States has once again stressed Pakistan to fulfil its “constitutional and International... Published 28 Jun, 2024 05:41am
IIAP welcomes inaugural flight of ‘Somon Air’ from Dushanbe KARACHI: Islamabad International Airport (IIAP) on Thursday welcomed the inaugural flight of Somon Air,... Published 28 Jun, 2024 05:41am
Vision digitization: Huawei ready to share its experience with Pakistan SHANGHAI: When the world is ready to mark 2024 as the first year of commercial 5.5G and the integration of AI into a... Published 28 Jun, 2024 05:41am
ECP counsel argues why ‘SIC cannot have reserved seats’ ISLAMABAD: Justice Yahya Afridi said when he read that non-Muslims cannot become members of the Sunni Ittehad ... Published 28 Jun, 2024 05:41am
Maharaja Ranjit Singh’s statue installed at Gurdwara Kartarpur LAHORE: The statue of Maharajah Ranjit Sing, the first Sikh ruler of Punjab, has been permanently installed at... Published 28 Jun, 2024 05:41am
PARTLY FACETIOUS: ‘Lions do not hibernate’ “I take strong exception to the army…” “Hush, hush, that is not a…” “Why don’t you let me finish... Published 28 Jun, 2024 05:41am
NA panels elect chairmen unanimously ISLAMABAD: The National Assembly Standing Committees of Energy (Petroleum Division), National Food Security and... Published 28 Jun, 2024 05:41am
Finally, Punjab to have local govt polls ISLAMABAD: After failing for over two years to hold local government elections in Punjab, the country’s largest... Published 28 Jun, 2024 05:41am
CTO Islamabad eases concerns of officers ISLAMABAD: Chief Traffic Officer (CTO) Islamabad Muhammad Sarfraz Virk held an orderly room meeting at Traffic ... Published 28 Jun, 2024 05:41am
Central Asian states can be beneficiary of CPEC: Aleem ISLAMABAD: Ambassador of Azerbaijan to Pakistan Khazar Farhadov called on Federal Minister for Privatization, Board... Published 28 Jun, 2024 05:41am
Shujaat, Elahi resolve family disputes LAHORE: Former Punjab chief minister Chaudhry Parvez Elahi met with the PML-Q President Chaudhry Shujaat and agreed... Published 28 Jun, 2024 05:41am
Governor gives assent to Punjab Finance Bill 2024 LAHORE: Punjab Governor, Sardar Saleem Haider Khan Thursday assents the Punjab Finance Bill 2024. After the approval... Published 28 Jun, 2024 05:41am
US envoy agrees to strengthen collaboration on welfare initiatives LAHORE: US Consul General Lahore Kristin K Hawkins has agreed to strengthen collaboration between Pakistan and the ... Published 28 Jun, 2024 05:41am
Agriculture and Allied Punjab govt will provide Rs10bn loans to farmers: minister LAHORE: Punjab Minister for Agriculture and Livestock Syed Ashiq Hussain Kirmani on Thursday announced that the... Published 28 Jun, 2024 05:41am
Letters Rain brings cheers to Karachi residents It did rain yesterday, albeit briefly. But it significantly lowered temperature in the city of teeming millions,... Published 28 Jun, 2024 05:41am
Ombudsman orders water distribution on modern lines KARACHI: Provincial Ombudsman Dr Muhammad Sohail Rajput has said that the Water Board should develop water... Published 28 Jun, 2024 05:41am
Shortage of water in Block 3-A Gulistan-e-Johar KARACHI: Shortage of water has made life difficult for the residents of Gulistan-e-Johar Block 3-A. The senior ... Published 28 Jun, 2024 05:41am
IG Sindh announces free hepatitis, HIV screenings for police force KARACHI: Inspector General (IG) of Sindh Police Ghulam Nabi Memon announced free screenings for hepatitis and HIV... Published 28 Jun, 2024 05:41am
Stocks Major Gulf markets gain on firm oil prices DUBAI: Major Gulf indexes closed higher on Thursday, as oil prices gained on worries that a potential expansion of... Published 28 Jun, 2024 05:41am
Stocks Wall St listless as eyes on crucial inflation data NEW YORK: US stock indexes were flat on Thursday, as investors assessed a string of economic data ahead of the... Published 28 Jun, 2024 05:41am
Stocks European shares subdued ahead of French elections PARIS: European shares slipped on Thursday on investor caution ahead of crucial global economic data and the first... Published 28 Jun, 2024 05:41am
Stocks China stocks end lower as industrial profit growth slows SHANGHAI: China stocks closed down on Thursday as the country’s industrial profits rose at a much slower pace in... Published 28 Jun, 2024 05:41am
Stocks Japan’s Nikkei backpedals as yen intervention risks weigh TOKYO: Japan’s Nikkei share average fell on Thursday, giving up much of its gains from the previous session, as ... Published 28 Jun, 2024 05:41am
Grains Asia rice: High shipping cost dents Indian rates MUMBAI/BANGKOK/HANOI AND BENGALURU: Indian rice export prices fell this week as demand moderated due to a jump in... Published 28 Jun, 2024 05:41am
Railways Police return bag with Rs0.8m to owner LAHORE: The Railways Police, Lahore Division, in an exceptional demonstration of honesty and commitment towards... Published 28 Jun, 2024 05:41am
OPDs condition in govt hospitals now getting better: ministers LAHORE: Commending the vice-chancellors, principals and medical superintendents for performing duties in the OPDs of... Published 28 Jun, 2024 05:41am
LDA DG for digital processing of sifted files LAHORE: Lahore Development Authority Director General Tahir Farooq directed the Chief IT Officer to establish a... Published 28 Jun, 2024 05:41am
CM for ensuring timely completion of uplift projects LAHORE: Chief minister Punjab Maryam Nawaz has directed to ensure timely completion of development projects in any... Published 28 Jun, 2024 05:41am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (June 27, 2024). ======================== Open Bid Rs... Published 28 Jun, 2024 05:41am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (June 27, 2024).... Published 28 Jun, 2024 05:41am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (June 27, 2024). ======================================= Offset... Published 28 Jun, 2024 05:41am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (June 27, 2024). ==================================== BR... Published 28 Jun, 2024 05:41am
ECC decides to establish pension funds from July 1 ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to establish the pension funds from... Updated 28 Jun, 2024 03:11pm
OICCI says has identified ‘critical anomalies’ KARACHI: In a letter to the FBR Anomaly Committee, the Overseas Investors Chamber of Commerce and Industry (OICCI)... Updated 28 Jun, 2024 09:16am
EPQL seeks to buy low BTU gas from PPL’s Kandhkot field ISLAMABAD: M/s Engro Powergen Qadirpur Limited (EPQL) has reiterated its interest in purchase of 50 MMCFD low BTU... Updated 28 Jun, 2024 03:12pm
Vitol wins tender from govt-owned LPG company ISLAMABAD: M/s Vitol Trading Company, the world’s largest energy trading enterprise, has won tender from Pakistan’s... Updated 28 Jun, 2024 09:56am
Petrol, HSD prices likely to increase ISLAMABAD: Petrol and high-speed diesel (HSD) prices are likely to increase in Pakistan from July 01, 2024.... Updated 28 Jun, 2024 09:21am
Power tariff hike, loadshedding: Consumers heap criticism on Nepra at hearing ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday faced criticism from consumers at a... Updated 28 Jun, 2024 09:23am
Energy Gas distribution network: SSGC makes massive investments KARACHI: For tackling the challenges of reduced gas supply and low pressure issues along with simultaneous increase... Published 28 Jun, 2024 05:41am
Energy PPDA protests against ‘hoarding’ by OMCs KARACHI: The Pakistan Petroleum Dealers Association (PPDA) is agitating against the hoarding of fuel supply by the... Published 28 Jun, 2024 05:41am
Energy HCSTS voices concerns over ongoing ‘crackdown’ on LPG gas shops HYDERABAD: Muhammad Farooq Shaikhani, President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI),... Published 28 Jun, 2024 05:41am
MENA From discounts to live performances: Dubai Summer Surprises launches largest edition DUBAI: The Dubai Summer Surprises (DSS) – now in its 27th year – will begin today (Friday) and run until September... Updated 28 Jun, 2024 02:06pm
Commodities Gold prices move slightly KARACHI: Gold prices on Thursday saw a little momentum on the local market despite the global bullion value dropped... Published 28 Jun, 2024 05:41am
Energy US natgas futures end steady NEW YORK: US natural gas futures held steady on Thursday after a federal report showed last week’s storage build... Published 28 Jun, 2024 05:41am
Commodities Japanese rubber gains SINGAPORE: Japanese rubber futures rose on Thursday on the back of a Weaker yen, although gains were capped by lower... Published 28 Jun, 2024 05:41am
Energy Oil prices up on ME supply worries HOUSTON: Oil prices rose on Thursday as war in the Middle East kept stoking supply concerns, while an unexpected... Published 28 Jun, 2024 05:41am
Commodities Iron ore sustains overnight gains BEIJING: Prices of iron ore futures extended climb for a third session on Thursday, buoyed by top consumer China’s... Published 28 Jun, 2024 05:41am
Cotton & Textile Brazil set to be leading cotton exporter after 80pc surge in shipments SAO PAULO: Brazil is set to become the world’s largest cotton exporter in 2023/24, knocking the United States from... Published 28 Jun, 2024 05:41am
Commodities Gold rises as traders brace for US inflation report BENGALURU: Gold prices rose on Thursday as the dollar softened, with the market spotlight on key US inflation data... Published 28 Jun, 2024 05:41am
Commodities Copper rebounds from two-month low LONDON: Copper prices rose after touching more than two-month lows on Thursday as support from a weaker dollar ... Published 28 Jun, 2024 05:41am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (June 27, 2024)... Published 28 Jun, 2024 05:41am
Cotton & Textile Spot rate firm amid lean business LAHORE: The local cotton market on Thursday remained steady and the trading volume remained low. Cotton Analyst... Published 28 Jun, 2024 05:41am
Commodities Asia coffee: Vietnam trade muted on low supplies HANOI/BANDAR LAMPUNG, (Indonesia): Trading activities remained sluggish in Vietnam on thin supplies with domestic... Published 28 Jun, 2024 05:41am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR26.368 ... Published 28 Jun, 2024 05:41am
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 28 Jun, 2024 05:41am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 28 Jun, 2024 05:41am
Likely amendments in finance bill: Govt becomes flexible about non-filers Proposed amendments relate to non-filers, wealth statement, foreign assets, and withholding tax-related provisions Updated 28 Jun, 2024 09:54am
NA may approve budget today ISLAMABAD: The National Assembly Friday (June 28) is likely to approve Budget-2024-25 including The Finance Bill,... Updated 28 Jun, 2024 09:17am
Various Divisions: NA approves 9 demands for grants worth Rs145.32bn ISLAMABAD: The National Assembly approved nine demands for grants worth Rs145.32 billion to meet expenditures of the... Updated 28 Jun, 2024 08:22am
Profit, dividend: Foreign investors repatriate record $918m in May KARACHI: Foreign investors have repatriated the highest-ever $918 million on account of profit and dividend during... Updated 28 Jun, 2024 08:23am
Sri Lanka’s creditors demand deal details, including with China COLOMBO: Sri Lanka’s bilateral lenders who agreed to restructure close to $6 billion in loans have demanded... Published 28 Jun, 2024 05:41am
CDWP clears 26 uplift projects ISLAMABAD: The Central Development Working Party (CDWP) cleared as many as 26 development projects worth Rs900... Updated 28 Jun, 2024 09:18am
Bugti inaugurates Chaman Master Plan CHAMAN: Balochistan Chief Minister, Mir Sarfraz Bugti, on Thursday said that steps were being taken for the... Published 28 Jun, 2024 05:41am
Embrace SME financing as core business, SBP asks banks KARACHI: Saleemullah, Deputy Governor, State Bank of Pakistan (SBP) has termed the SME as lifeline of the economy ... Published 28 Jun, 2024 05:41am
Taxes e-invoicing integration: FBR grants licence to Haball ISLAMABAD: The Federal Board of Revenue (FBR) has granted license to M/s Haball (Pvt) Ltd, Karachi for the purpose ... Published 28 Jun, 2024 05:41am
Industry ECC approves proposal to launch ‘Risk Coverage Scheme for SMEs’ ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Finance Division’s proposal to... Published 28 Jun, 2024 05:41am
Companies NADRA to help KE enhance its service delivery ISLAMABAD: In a pioneering strategic partnership, the National Database and Registration Authority (NADRA) and... Published 28 Jun, 2024 05:41am
Taxes New taxation steps won’t hurt the poor: Sindh CM KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Thursday assured the Sindh Assembly that new taxation will not... Updated 28 Jun, 2024 04:56pm
Taxes ‘Tax net will be broadened with FCCI’s cooperation’ FAISALABAD: Tax net would be broadened with the active cooperation of FCCI so that much needed revenue could be... Published 28 Jun, 2024 05:41am
Taxes NTDC: FBR fails to charge minimum tax on turnover LAHORE: The Federal Board of Revenue (FBR) has failed to charge minimum tax on turnover from the National... Published 28 Jun, 2024 05:41am
Industry LCCI, SBP mark Micro, Small & Medium-sized Enterprises Day LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Thursday organized an important event in collaboration with... Published 28 Jun, 2024 05:41am
Industry IT industry: Higher taxation to give big boost to brain drain: FPCCI KARACHI: Atif Iqbal Sheikh, President FPCCI, has raise concerns over the recently announced federal budget 2024–25... Published 28 Jun, 2024 05:41am
MENA Alif Investments CEO, who brought some major Pakistani brands to Dubai, believes ‘homework’ is key to success in emirate DUBAI: For the Pakistani diaspora living in Dubai, places that stoke memories and experiences from back home stand... Published 28 Jun, 2024 05:41am
Money & Banking US dollar retreats after weak economic data NEW YORK/LONDON: The yen edged up from a 38-year low against the US dollar on Thursday, helped by softening US... Published 28 Jun, 2024 05:41am
Money & Banking Most Asian currencies largely unchanged BENGALURU: South Korean shares lost more than 1% on Thursday to mark their worst day in more than two weeks after US... Published 28 Jun, 2024 05:41am
Companies Toyota, affiliates to offload some $1bn in Aisin shares TOKYO: Toyota Motor and two affiliates will sell 33.9 million shares in group supplier Aisin, the companies said on... Published 28 Jun, 2024 05:41am
Money & Banking EU watchdog calls out banks for inflating capital buffers LONDON: Banks in the European Union could be inflating the value of high-risk debt used to plug gaps in capital... Published 28 Jun, 2024 05:41am
Punjab govt to bring new investments: minister LAHORE: Punjab Industry and Commerce Minister Chaudhry Shafi Hussain has said that the Punjab government would... Published 28 Jun, 2024 05:41am
Taxes PTA rejects discriminatory taxation in Federal Budget 2024 -25 ISLAMABAD: Pakistan Tea Association (PTA) has expressed his profound concerns and apprehensions vis-a-vis proposed... Published 28 Jun, 2024 05:41am
Industry CM Maryam for developing SMEs LAHORE: Terming the investment in small businesses essential for economic stability and prosperity, Chief Minister... Published 28 Jun, 2024 05:41am
Pitching Pakistan’s economy: brokerage house AHL says country not witnessing exodus of foreign investment
Internet loadshedding?: netizens report disruption in various services on mobile broadband in Pakistan
