Industry New ghee factories: Ministry urged to create rules, regulations KARACHI: Sheikh Umar Rehman, Chairman of the Pakistan Vanaspati Manufacturers Association has urged the Ministry of... Published 04 Oct, 2024 08:09am
M-6 Project: NA body highlights critical infrastructure delays ISLAMABAD: National Assembly Standing Committee on Communications on Thursday highlighted critical infrastructure... Published 04 Oct, 2024 08:08am
Post-arrest bail of PTI senator dismissed LAHORE: A division bench of the Lahore High Court on Thursday dismissed post-arrest bail of PTI senator Ejaz ... Published 04 Oct, 2024 08:06am
Constitutional amendment: Qureshi urges Bilawal to build consensus LAHORE: Pakistan Tehreek-e-Insaf (PTI) leader and former foreign minister Shah Mahmood Qureshi on Thursday termed ... Published 04 Oct, 2024 08:05am
Internet speed: Repeated reassurances done little to restore confidence ISLAMABAD: Repeated reassurances from authorities regarding improving internet speed in the country have done little... Published 04 Oct, 2024 08:04am
Short-term listed corporate Sukuk market: SECP conducts public hearing on proposed regulatory interventions KARACHI: The Securities and Exchange Commission of Pakistan (SECP) conducted the first-ever public hearing in... Published 04 Oct, 2024 07:58am
IFRS Sustainability Disclosure Standards: SECP issues survey on adoption ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is considering to adopt IFRS Sustainability... Published 04 Oct, 2024 07:57am
Energy SSGC continues raids against gas theft miscreants KARACHI: SSGC continued to tighten the noose on gas theft miscreants through multiple targeted raids in its ... Published 04 Oct, 2024 07:55am
Terrorism case registered against Gohar, Salman Raja ISLAMABAD: The capital police on Thursday registered a terrorism case against Pakistan Tehreek-e-Insaf (PTI) ... Published 04 Oct, 2024 07:52am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (October 02, 2024)... Published 04 Oct, 2024 07:50am
Match officials announced for Test series against England LAHORE: West Indies’ Sir Richie Richardson, who is a member of the ICC Elite Panel of Match Referees, will lead ... Published 04 Oct, 2024 07:46am
UAF Kisan Mela will continue till 9th FAISALABAD: The University of Agriculture Faisalabad remained a center for attraction for the people and farming... Published 04 Oct, 2024 07:42am
Energy Wapda power projects will generate 11,694MW of power ISLAMABAD: A parliamentary panel, Thursday, was informed that the under construction Water and Power Development... Published 04 Oct, 2024 07:39am
Cotton & Textile Volume of business improves on cotton market LAHORE: The local cotton market on Thursday remained steady and the trading volume remained satisfactory. Cotton... Published 04 Oct, 2024 07:37am
Grains Asian rice prices plunge as India eases export curbs BENGALURU /MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice export prices in Asia dropped sharply this week after India, ... Published 04 Oct, 2024 07:36am
Commodities Copper pulls back on geopolitics LONDON: Copper prices retreated on Thursday, hit by tense geopolitics, a strong dollar and uncertainty about how ... Published 04 Oct, 2024 07:35am
Commodities Gold slips as hopes for bigger US rate cut dim NEW YORK: Gold prices fell on Thursday as US economic data tempered expectations of an aggressive rate cut in... Published 04 Oct, 2024 07:33am
Commodities Japanese rubber futures snap 7-day rally SINGAPORE: Japanese rubber futures snapped a seven-session winning streak on Thursday, as weaker global economic ... Published 04 Oct, 2024 07:31am
Stocks Hong Kong shares snap 6-day winning streak HONG KONG: Hong Kong stocks on Thursday fell on Thursday as investors took profits, ending a six-session rally... Published 04 Oct, 2024 07:28am
Stocks Gulf bourses end lower on heightened regional tensions DUBAI: Stock markets in the Gulf ended lower on Thursday as markets weighed the risk of a widening conflict in the... Published 04 Oct, 2024 07:25am
Stocks European shares fall as Mideast jitters curb risk-taking FRANKFURT: European shares declined on Thursday, as investors remained wary of risk-taking amid elevated ... Published 04 Oct, 2024 07:24am
Money & Banking Ringgit, Indonesian rupiah drag Asia FX lower BENGALURU: Asian emerging market currencies fell on Thursday, with Malaysian ringgit and Indonesia’s rupiah ... Published 04 Oct, 2024 07:23am
Stocks Wall Street wavers with key jobs data NEW YORK: Wall Street’s main indexes were mixed in volatile trading on Thursday as investors remained cautious... Published 04 Oct, 2024 07:21am
Cotton & Textile Over 2m cotton bales reach ginneries LAHORE: The Pakistan Cotton Ginners Association (PCGA) has released its latest cotton statistics, revealing a... Published 04 Oct, 2024 07:18am
PTI vows to hold protest demo at D-Chowk ISLAMABAD: Despite hurdles and road blockades placed by police which has brought life in twin cities to a standstill... Published 04 Oct, 2024 07:17am
Middle East Israel strikes Beirut suburb, Hezbollah keeps up cross-border fire BEIRUT/OCCUPIED JERUSALEM: Israel’s military told residents of more than 20 towns in south Lebanon to evacuate... Published 04 Oct, 2024 06:46am
Middle East Arab states seek to reassure Iran of their neutrality DUBAI: Gulf Arab states sought to reassure Iran of their neutrality in the conflict between Tehran and Israel in... Published 04 Oct, 2024 06:46am
Africa Kenya asks IMF to review corruption issues after Western push NAIROBI: Kenya’s government has asked the International Monetary Fund to conduct an official assessment of... Published 04 Oct, 2024 06:46am
Europe UK cedes Chagos Island sovereignty to Mauritius, retains Diego Garcia airbase LONDON/PORT LOUIS: Britain said on Thursday it would cede sovereignty of the Chagos Islands to Mauritius in a deal ... Published 04 Oct, 2024 06:46am
Europe UK MPs to consider assisted dying law LONDON: UK lawmakers are to consider a proposal to legalise assisted dying, a member of the ruling Labour party said... Published 04 Oct, 2024 06:46am
Six migrants killed by Mexican soldiers during highway chase TUXTLA GUTIÉRREZ (Mexico): Soldiers chasing suspicious vehicles on a highway in Mexico opened fire and killed six... Published 04 Oct, 2024 06:46am
Asia Singapore ex-minister jailed in rare graft trial SINGAPORE: A Singaporean former minister was sentenced Thursday to 12 months in prison for obstruction of justice ... Published 04 Oct, 2024 06:46am
South Asia BD recalls five envoys in major diplomatic reshuffle DHAKA: Bangladesh has recalled five envoys, including the ambassador to neighbouring India, foreign ministry... Published 04 Oct, 2024 06:46am
PTI assails verdict ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Secretary General Salman Akram Raja claimed that it was the black day in... Updated 04 Oct, 2024 09:07am
Fazl hails SC verdict ISLAMABAD: Jamiat Ulema-e-Islam (JUI) chief Maulana Fazlur Rehman, Thursday, while endorsing the Supreme Court’s... Published 04 Oct, 2024 06:46am
Article 63-A: Allowing petitions, SC strikes down 2022 ruling on defection clause ISLAMABAD: The Supreme Court allowing the review petitions of the Supreme Court Bar Association (SCBA) and others,... Published 04 Oct, 2024 06:46am
Naqvi warns PTI against Islamabad rally ISLAMABAD: The government has called in army and paramilitary forces in the capital ahead of the Pakistan... Published 04 Oct, 2024 06:46am
Diyat value fixed at Rs8.1m ISLAMABAD: The federal government declared Rs8,103,955 to be the value of 30,630 grams of silver as Diyat for the... Published 04 Oct, 2024 06:46am
PPP to participate in JI’s protest against Israel: Bilawal ISLAMABAD: Pakistan People’s Party (PPP) chairman Bilawal Bhutto-Zardari on Thursday accepted an invitation by... Published 04 Oct, 2024 06:46am
Mahrang Baloch featured on ‘Time100 Next’ 2024 list ISLAMABAD: A doctor and Baloch rights activist Mahrang Baloch has been named in Time magazine’s annual list of the... Published 04 Oct, 2024 06:46am
KMC starts repairing roads, illuminating streetlights KARACHI: Mayor Karachi Barrister Murtaza Wahab said that the Karachi Metropolitan Corporation has begun the process... Published 04 Oct, 2024 06:46am
PN&MC President: FIA directed complete probe of fake degree case ISLAMABAD: A parliamentary body, on Thursday, directed the Federal Investigation Agency (FIA) to complete the... Published 04 Oct, 2024 06:46am
Faheem Ashraf to lead Pakistan in Hong Kong Cricket Sixes LAHORE: Faheem Ashraf will lead the seven-member Pakistan squad that will feature in the Hong Kong Cricket Sixes at... Published 04 Oct, 2024 06:46am
EPA demolishes 60 brick kilns LAHORE: During a continuous operation against brick kilns and pyrolysis plants violating environmental laws, the... Published 04 Oct, 2024 06:46am
EOBI pensioners urge govt to increase pension ISLAMABAD: The Employees’ Old-Age Benefits Institution (EOBI) pensioners urged the government to increase their... Published 04 Oct, 2024 06:46am
ATC upholds arrest warrants of KP CM ISLAMABAD: The Accountability Court, on Thursday, upheld the arrest warrants for Khyber Pakhtunkhwa Chief Minister... Published 04 Oct, 2024 06:46am
Attendance of IK via video link: ATC issues show cause notice to Adiala Jail authorities ISLAMABAD: The Anti-Terrorist Court (ATC), on Thursday, issued a show cause notice to Adiala Jail authorities for... Published 04 Oct, 2024 06:46am
Senator Vawda steps up criticism of PTI founder ISLAMABAD: Senator Faisal Vawda criticised Pakistan Tehreek-e-Insaf (PTI) leader Ali Amin Gandapur, referring to him... Published 04 Oct, 2024 06:46am
PTI lawyer arrested ISLAMABAD: The city police have arrested Pakistan Tehreek-e-Insaf (PTI) lawyer Mustafain Kazmi who threatened a... Published 04 Oct, 2024 06:46am
KCAA elects managing committee for 2024-2025 KARACHI: The Karachi Customs Agents Association (KCAA) announces that the newly elected (unopposed) Managing... Published 04 Oct, 2024 06:46am
Will Pakistan ever break free from the IMF cycle? “You can’t solve a problem with the same mindset that created it.” This quotation, attributed to Albert... Updated 04 Oct, 2024 08:34am
The assassination of Hassan Nasrallah: one step forward two steps back The news of Hassan Nasrallah’s assassination was shocking but not happening in a void. After Gaza, the ... Updated 04 Oct, 2024 08:34am
Ransomware, spyware attacks: Kaspersky cautions Pakistanis about growing threats ISLAMABAD: A global cybersecurity company has cautioned Pakistanis about growing threats to their critical... Published 04 Oct, 2024 06:46am
IHC turns down petition challenging CEC’s appointment ISLAMABAD: The Islamabad High Court (IHC), Thursday, turned down a petition challenging the appointment of Sikandar... Published 04 Oct, 2024 06:46am
Pakistan-South Korea economic relations Pakistan’s exports to South Korea doubled were the headlines in July last year appearing in the print media. It ... Updated 04 Oct, 2024 08:22am
A Visionary Journey from Humble Beginnings to Healthcare Leadership Khalil-ur-Rehman, CEO, Galaxy Group of Companies Updated 04 Oct, 2024 08:26am
National Foundation day October 3rd: Message from Yi Sung Ho Consul General of the Republic of South Korea in Karachi It is my pleasure to extend greetings to the Excellencies, Friends, and the People of Sindh, Pakistan, on the behalf... Published 04 Oct, 2024 06:46am
The Weather KARACHI: The weather report on Thursday (October 03, 2024) and the forecast for Friday (October 04, 2024)... Published 04 Oct, 2024 06:46am
Privatisation of PIA: Plan faces slowing momentum on queries by bidders Bidding deadline set for October 31, 2024, may be extended Updated 04 Oct, 2024 10:45am
SBP’s reserves hit 2-1/2-year high KARACHI: The State Bank of Pakistan’s foreign exchange reserves have surpassed the $10 billion mark, reaching... Published 04 Oct, 2024 06:46am
IPPs talks status remains under wraps ISLAMABAD: The Power Division on Thursday refused to share current status of critical negotiations of Task Force on... Updated 04 Oct, 2024 03:24pm
Rs45bn TSG for defence services cleared: ECC approves increase in retail price of ARV ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet granted approval to increase the maximum retail... Updated 04 Oct, 2024 09:34am
Rates PSX hits new record high KARACHI: A bullish trend continued as the Pakistan Stock Exchange on Thursday hit historic highest-ever level on the... Published 04 Oct, 2024 06:46am
Provident Funds: Profit rate fixed at 13.97pc per annum ISLAMABAD: The Government of Pakistan has decided that the rate of profit applicable to the subscriptions and the... Updated 04 Oct, 2024 03:23pm
Generation tariff: KE requests Nepra to declare pending determination ISLAMABAD: K-Electric on Thursday requested the National Electric Power Regulatory Authority (Nepra) to announce... Updated 04 Oct, 2024 09:29am
Pakistan, Malaysia express resolve to enhance ties in diverse fields ISLAMABAD: Pakistan and Malaysia have reiterated their commitment to further enhance bilateral cooperation in the... Updated 04 Oct, 2024 09:28am
Kremlin talks: TAPI gas, trade & road transport pact top the agenda ISLAMABAD: Deputy Prime Minister of Russia, Alexey Overchuk and Russian ministers were called on by Federal Minister... Updated 04 Oct, 2024 09:03am
Constitutional amendment: Three bar bodies announce ‘resistance’ ISLAMABAD: Three major bar associations of the federal capital, on Thursday, rejected the constitutional package and... Updated 04 Oct, 2024 09:04am
World Bank official, FBR chief discuss FBR transformation plan ISLAMABAD: The Country Director of World Bank, Najy Benhassine along with Tobias Akhtar Haque (Lead Country... Updated 04 Oct, 2024 09:38am
Pakistan and Malaysia sign four key MoUs ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, witnessed the signing of four significant MoUs between... Updated 04 Oct, 2024 09:01am
PARTLY FACETIOUS: The ME is smouldering “Uh oh.” “I reckon it’s much more than an uh oh moment. The Middle East is smouldering, but you know I don’t see the... Updated 04 Oct, 2024 08:18am
Commodities Gold prices fall KARACHI: Gold prices on Thursday saw a sizeable fall on the local market after the global bullion value dipped below... Published 04 Oct, 2024 06:46am
IMF programme & reform priorities The long-awaited US$ 7 billion 37-month Extended Fund Facility (EFF), finally approved by the Executive Board of the... Updated 04 Oct, 2024 08:28am
IMF programme: a mixed bag of economic consequences In the statement released by International Monetary Fund (IMF) on September 27, it indicated that it had approved a... Updated 04 Oct, 2024 08:29am
Israel, Palestine, the endgame Before I tackle the article I seek permission to reproduce a joke that I read in the Reader’s Digest, Circa 1964:... Published 04 Oct, 2024 06:46am
Letters ‘Reckless Amendments?’ This is apropos letters to the Editor headlined “Reckless Amendment” by this writer carried by the newspaper on... Published 04 Oct, 2024 06:46am
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 04 Oct, 2024 06:46am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (October 03, 2024). ========================== KIBOR... Published 04 Oct, 2024 06:46am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 04 Oct, 2024 06:46am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (October 03, 2024). ======================== Open Bid... Published 04 Oct, 2024 06:46am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (October 03, 2024).... Published 04 Oct, 2024 06:46am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 03, 2024).... Published 04 Oct, 2024 06:46am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 03, 2024)... Published 04 Oct, 2024 06:46am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (October 03, 2024). ======================================= Offset... Published 04 Oct, 2024 06:46am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (October 03, 2024). ==================================== BR... Published 04 Oct, 2024 06:46am
Energy Nepal signs power export deal with BD, India KATHMANDU: Nepal signed an agreement with Bangladesh on Thursday to export 40 megawatts of hydroelectricity ... Published 04 Oct, 2024 06:46am
Companies Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature KARACHI: Air Link Communication CEO Muzzaffar Hayat Piracha confirmed that the company has imported two units of the... Updated 04 Oct, 2024 11:01am
Local cement despatches continue to shrink at 18pc LAHORE: Due to increased cement prices because of irrational taxation, coupled with low demand local despatches... Published 04 Oct, 2024 06:46am
Industry Pakistan Energy Expo opened: LCCI chief calls for reforms in energy sector LAHORE: The LCCI President Mian Abuzar Shad on Wednesday called for reforms in energy sector to help resolve grave... Published 04 Oct, 2024 06:46am
Industry KPTMA elects Sikandar Kuli Khan Khattak as chairman PESHAWAR: The Khyber Pakhtunkhwa Textile Mills Association (KPTMA) has elected Sikandar Kuli Khan Khattak of Bibojee... Published 04 Oct, 2024 06:46am
Companies KW&SC customers: JazzCash expands bill payment options KARACHI: JazzCash has expanded its digital payment options for the 1.2 million customers of the Karachi Water &... Published 04 Oct, 2024 06:46am
Companies Jazz chief terms Telenor-PTCL merger as significant development ISLAMABAD: Jazz CEO Aamir Ibrahim stressed the importance of healthy competition and market repair to drive... Updated 04 Oct, 2024 11:09am
Steel furnaces using locally procured scrap: Govt losing Rs8bn in taxes every month due to not imposing 18pc sales tax LAHORE: The government is losing nearly Rs 8 billion in taxes every month due to the unexplained reluctance of the... Published 04 Oct, 2024 06:46am
Industry Power sector’s transactions: FPCCI calls for thorough forensic audit of CPPA-G LAHORE: S M Tanveer, Patron-in-Chief of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI-UBG),... Published 04 Oct, 2024 06:46am
Taxes FBR reinstates customs official of IIAP ISLAMABAD: The Federal Board of Revenue (FBR) has reinstated a customs official of Islamabad International Airport... Published 04 Oct, 2024 06:46am
Taxes Smuggled petro products at 11,500 fuel stations: FBR developing application to curb sale ISLAMABAD: The Federal Board of Revenue (FBR) is developing a Geographic Information System-based mobile application... Published 04 Oct, 2024 06:46am
Taxes Gangs of cyber criminals: DII (Inland Revenue) directed to start probe ISLAMABAD: Federal Tax Ombudsman (FTO) has directed Directorate General Intelligence and Investigation (Inland... Published 04 Oct, 2024 06:46am
Companies Merger Review of PTCL: CCP undertaking in-depth analysis of telecommunications sector ISLAMABAD: The Competition Commission of Pakistan (CCP) is undertaking an in-depth analysis of the ... Published 04 Oct, 2024 06:46am
Companies Al-Ghazi Tractors Limited launches New Holland NH-850 LAHORE: Al-Ghazi Tractors Limited launched its latest product the New Holland NH-850. The 85-horsepower engine... Published 04 Oct, 2024 06:46am
Special Investment Facilitation Council: $27bn investments to be materialised in five years: Ahsan ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that $27 billion investments... Published 04 Oct, 2024 06:46am
‘Fake’ purchase of coal by cement makers: Abrupt transfer of officers halts probe into Rs11bn tax fraud
Ex-ISI chief Faiz Hameed arraigned on charges of ‘engaging in political activities’ among others, says ISPR