LDA seals 10 buildings in Faisal Town LAHORE: In an operation against the land mafia in Sabzazar and defaulters of commercialization fees, the Lahore... Published 09 Oct, 2024 08:55am
CM reviews progress on Lahore Development Plan LAHORE: Punjab Chief Minister Maryam Nawaz Sharif chaired a meeting on Tuesday to review progress on Lahore... Published 09 Oct, 2024 08:55am
Agriculture and Allied Agri sector has huge potential to ensure food security: Governor FAISALABAD: Punjab Governor Sardar Saleem Haider Khan on Tuesday said that the agriculture sector had witnessed 6.6%... Published 09 Oct, 2024 08:54am
Taxes Operating in Gwadar Zone: FBR places checks on import of duty-free vehicles ISLAMABAD: The Federal Board of Revenue (FBR) has placed strict checks on the import of duties and taxes free... Published 09 Oct, 2024 08:52am
Taxes ‘Mini-budget possibility decreasing due to tax reforms’ KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen... Published 09 Oct, 2024 08:50am
ABC announces new executive committee KARACHI: Kamran Ataullah Khan, CEO & Country Manager of DuPont Pakistan Operations (Pvt) Ltd, has been elected ... Published 09 Oct, 2024 08:49am
Theft of seized goods: KICT clarifies its position KARACHI: Karachi International Container Terminal (KICT) wishes to clarify its position regarding the recent BR... Published 09 Oct, 2024 08:48am
Industry 5th TEXPO 2024 exhibition from Oct 23rd in Karachi KARACHI: The TEXPO 2024, the flagship event for the textile and leather industry of Pakistan, is set to take place... Published 09 Oct, 2024 08:47am
AKUH CMS gets SHC license KARACHI: The Aga Khan University Hospital’s (AKUH) Clifton Medical Services (CMS) formally received the Sindh... Published 09 Oct, 2024 08:44am
CDA on track to meet revenue targets ISLAMABAD: The Capital Development Authority (CDA) is on track to meet its revenue targets for the fiscal year.... Published 09 Oct, 2024 08:41am
Country standing on its feet, says Azma LAHORE: Punjab Information Minister Azma Bokhari has said that Gundapur’s failed and fabricated story is not being... Published 09 Oct, 2024 08:38am
Emergency Services marks ‘National Resilience Day’ LAHORE: ‘National Resilience Day’ was marked on Tuesday with a renewed pledge to continue efforts for building... Published 09 Oct, 2024 08:33am
Taxes ‘Credible’ forensic lab test must for vehicle auction ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for the Customs Department to conduct forensic... Published 09 Oct, 2024 08:33am
Industry Flour crisis feared: ‘Farmers hesitant for wheat sowing in absence of clear policy’ LAHORE: Flour millers have alleged that despite the start of the wheat sowing season, farmers are hesitant to go for... Published 09 Oct, 2024 08:31am
Governor says foreign investors keen for investment in Pakistan LAHORE: Punjab Governor, Sardar Saleem Haider Khan said on Tuesday that the country’s economic condition was... Published 09 Oct, 2024 08:29am
IG condoles with deputy CG on deaths of Chinese LAHORE: Inspector General of Police Punjab, Dr Usman Anwar, visited the Chinese Consulate Office in Lahore and met... Published 09 Oct, 2024 08:28am
Iranian envoy calls on JI chief LAHORE: Iran's Ambassador to Pakistan Reza Amiri Moghadam on Tuesday met with Chief Jamaat-e-Islami Hafiz... Published 09 Oct, 2024 08:26am
Energy KE removes 7,000 illegal connections KARACHI: K-Electric (KE), with the support of the law enforcement agencies, is actively conducting operations ... Published 09 Oct, 2024 08:26am
LCCI lauds govt’s steps to review annual agreements with IPPs LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has appreciated the government's proactive measures to... Published 09 Oct, 2024 08:21am
PFA inspects food points on motorway LAHORE: Food safety teams of the Punjab Food Authority on Tuesday inspected 884 food points to ensure healthy and... Published 09 Oct, 2024 08:20am
Physical audit of 1m pending cases conducted first time in history of LHC LAHORE: An audit report conducted by the Lahore High Court (LHC) revealed that over one million cases are pending in... Published 09 Oct, 2024 08:19am
Industry President HCSTSI expresses concern over condition of Auto Bhan Road HYDERABAD: Muhammad Saleem Memon, President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), has... Published 09 Oct, 2024 08:18am
President urges businesses to invest in Stock Exchange ISLAMABAD: In order to improve the country’s economy, President Asif Ali Zardari has called for providing a... Published 09 Oct, 2024 08:16am
Yet another attack on the Chinese EDITORIAL: A convoy of Chinese engineers working on a power project at Port Qasim was on its way from Karachi ... Published 09 Oct, 2024 07:11am
Pakistan’s population boom: shaping a future powerhouse The world is on the cusp of experiencing momentous demographic shifts, with Pakistan poised to play a pivotal role ... Published 09 Oct, 2024 07:04am
Privatising PIA: a Herculean task EDITORIAL: Yet another delay appears to be on the cards with respect to the privatisation of Pakistan International... Published 09 Oct, 2024 06:59am
Reversing the business strategy There is reverse production. There is reverse marketing. There is reverse pricing. These are all functional... Published 09 Oct, 2024 06:49am
KP lawmakers get into brawl after CM’s speech PESHAWAR: The clash had been erupted between the Khyber Pakhtunkhwa government and the opposition following Chief... Published 09 Oct, 2024 06:26am
Trump secretly sent Covid tests to Putin: Bob Woodward book WASHINGTON: Then-president Donald Trump secretly sent Covid test kits to Vladimir Putin despite a US shortage during... Published 09 Oct, 2024 06:26am
South Asia IIOJ&K elects first regional government in a decade OCCUPIED SRINAGAR: Indian-Illegally Occupied Kashmir elected Tuesday its first government since the restive ... Published 09 Oct, 2024 06:26am
Seats for women, minorities: NA speaker again writes letter to ECP ISLAMABAD: The National Assembly Secretariat has written a letter to the commissioner Election Commission of ... Published 09 Oct, 2024 06:26am
Islamabad Non-Proliferation Conference 2024 held ISLAMABAD: The Strategic Vision Institute (SVI), Islamabad, hosted Islamabad Non-Proliferation Conference 2024, a... Published 09 Oct, 2024 06:26am
Sherry Rehman elected president of PGA’s Pakistan National Group ISLAMABAD: The Parliamentarians for Global Action (PGA), unanimously, elected Senator Sherry Rehman as president of... Published 09 Oct, 2024 06:26am
Role of agri engineers underscored in understanding canal irrigation systems HYDERABAD: Dr Fateh Marri, Vice Chancellor of Sindh Agriculture University (SAU), Tandojam, underscored the pivotal... Published 09 Oct, 2024 06:26am
Movies & Music Renowned TV actor Mazhar Ali passes away KARACHI: Renowned Pakistani actor Mazhar Ali passed away on Tuesday in Karachi after a prolonged illness. According... Published 09 Oct, 2024 06:26am
Letters The looming Iran-Israel war Iran has fallen into a strategic trap for the second time, and only with capabilities comparable to Israel’s... Published 09 Oct, 2024 06:26am
Political ‘surrender’ of 1958 that shook the foundations of Pakistan History is full of accounts of surrender and retreat. In the American Civil war (1861-1865) Confederate General in... Updated 09 Oct, 2024 07:18am
Why PCCC crucial for Pakistan’s economy and textile industry Whenever we think of cotton research and development, the concept of cotton varieties often comes to mind. However,... Updated 09 Oct, 2024 07:24am
COP29 fight looms over climate funds for developing world PARIS: The developing world needs trillions of dollars in climate aid, but who should pay for it? Wealthy nations?... Published 09 Oct, 2024 06:26am
Saudi buys chunk of department store group Selfridges LONDON: Saudi Arabia’s sovereign wealth fund said it will buy 40 percent of luxury department-store group... Published 09 Oct, 2024 06:26am
13 states, Washington DC sue TikTok over child harm issues NEW YORK/WASHINGTON: TikTok faces new lawsuits filed by 13 US states and the District of Columbia on Tuesday,... Published 09 Oct, 2024 06:26am
UN warns Lebanon could face same ‘spiral of doom’ as Gaza GENEVA: UN humanitarian officials called Tuesday for urgent action to stop the escalating conflict in Lebanon from... Published 09 Oct, 2024 06:26am
Toshakhana-II case: Indictment of IK, spouse deferred till 21st ISLAMABAD: A special court on Tuesday again deferred indictment of Pakistan Tehreek-e-Insaf (PTI) founding chairman... Published 09 Oct, 2024 06:26am
Book launching at ISSI: Ex-envoy Jilani for reviving dialogue with India ISLAMABAD: The former caretaker foreign minister and ex-ambassador Jalil Abbas Jilani on Tuesday called for reviving... Published 09 Oct, 2024 06:26am
ATC extends physical remand of IK’s sisters ISLAMABAD: The Anti-Terrorism Court (ATC) on Tuesday extended the physical remand of Pakistan Tehreek-e-Insaf (PTI)... Published 09 Oct, 2024 06:26am
PARTLY FACETIOUS: ‘I see you are enamoured of the Trenchman’ “I have another proverb for you: jack of all trades and master of none – does it relate to the people of the ... Published 09 Oct, 2024 06:26am
Constitutional court: PPP engages in series of consultations ISLAMABAD: The Pakistan People’s Party (PPP) senior leadership, Tuesday, engaged in a series of consultations to... Published 09 Oct, 2024 06:26am
PTM has connection with TTP, Afghan Taliban: govt ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar, on Tuesday, claimed that the Pashtun... Published 09 Oct, 2024 06:26am
Industry Directives regarding TDAP board member: Senate panel to refer MoC’s defiance matter to body ISLAMABAD: The Senate Standing Committee on Commerce on Tuesday unanimously decided to refer the matter of ... Published 09 Oct, 2024 06:26am
Taxes LHC issues order on ‘enhanced rates of WHT on late filers’ ISLAMABAD: Lahore High Court (LHC) has declared that the enhanced rates of withholding tax on late filers of income... Published 09 Oct, 2024 06:26am
The Weather KARACHI: The weather report on Tuesday (October 08, 2024) and the forecast for Wednesday (October 09, 2024)... Published 09 Oct, 2024 06:26am
Rates PSX extends record-breaking run KARACHI: Record-breaking trend continued as the Pakistan Stock Exchange on Tuesday hit historic highest-ever levels... Published 09 Oct, 2024 06:26am
Cotton & Textile World Cotton Day: Organic cotton termed essential for environment, local livelihoods ISLAMABAD: Organic cotton termed essential for the environment and local livelihoods as cotton was one of the most... Published 09 Oct, 2024 06:26am
Stocks Wall St gains as investors focus on inflation data NEW YORK: Wall Street’s main indexes rose on Tuesday, as investors shifted their attention to the upcoming... Published 09 Oct, 2024 06:26am
Stocks Miners, luxury sector weigh on Europe’s STOXX 600 PARIS: European stocks settled lower on Tuesday, as a lack of fresh details over China’s stimulus measures sparked... Published 09 Oct, 2024 06:26am
Stocks China’s sizzling stocks rally cools as markets wait on stimulus SHANGHAI: China’s stock markets roared back from a week-long break and climbed to their highest levels in more ... Published 09 Oct, 2024 06:26am
Stocks Nikkei snaps 3-day winning run on Wall St slump TOKYO: Japan’s Nikkei share average snapped a three-day winning streak to close lower on Tuesday as a stronger yen... Published 09 Oct, 2024 06:26am
Energy US natgas prices hold near 1-week low NEW YORK: US natural gas futures held near a one-week low on Tuesday as lower output and higher demand forecasts... Published 09 Oct, 2024 06:26am
Commodities Copper hits two-week low LONDON: Copper prices fell on Tuesday to their lowest in two weeks after top metal consumer China failed to convince... Published 09 Oct, 2024 06:26am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 51,308 tonnes of cargo comprising 27,496 tonnes of import cargo and 23,812... Published 09 Oct, 2024 06:26am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (October 08, 2024)... Published 09 Oct, 2024 06:26am
Cotton & Textile Business activity improves on cotton market LAHORE: The local cotton market on Tuesday remained easy and the trading volume remained satisfactory. Cotton... Published 09 Oct, 2024 06:26am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 09 Oct, 2024 06:26am
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 09 Oct, 2024 06:26am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (October 08, 2024). ========================== KIBOR... Published 09 Oct, 2024 06:26am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 09 Oct, 2024 06:26am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (October 08, 2024). ======================== Open Bid... Published 09 Oct, 2024 06:26am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (October 08, 2024).... Published 09 Oct, 2024 06:26am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 08, 2024).... Published 09 Oct, 2024 06:26am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 08, 2024)... Published 09 Oct, 2024 06:26am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (October 08, 2024). ======================================= Offset... Published 09 Oct, 2024 06:26am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (October 08, 2024). ==================================== BR... Published 09 Oct, 2024 06:26am
Remittances: Two incentives available to banks and ECs now KARACHI: To enhance the flow of home remittances, the State Bank of Pakistan (SBP) has revamped the incentive... Updated 09 Oct, 2024 09:04am
Chinese delegation visits SIFC ISLAMABAD: A high-level Chinese trade delegation from the China Asia Economic Development Association visited the... Updated 09 Oct, 2024 09:23am
Govt debt hits all-time high of Rs70.36trn by Aug-end KARACHI: The federal government’s total debt stocks crossed Rs 70 trillion mark at the end of August 2024 primarily... Updated 09 Oct, 2024 08:53am
Aurangzeb tells foreign investors: ‘Govt focused on ensuring structural reforms’ ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said the government is focused on... Updated 09 Oct, 2024 08:50am
Heavy investment expected in ‘Pakistan Sovereign Wealth Fund’ ISLAMABAD: In the investment sector there has been major development, according to which Pakistan Sovereign Wealth... Updated 09 Oct, 2024 09:25am
NPMC notes significant decline in inflation ISLAMABAD: National Price Monitoring Committee (NPMC) meeting revealed significant declining trend in inflation over... Updated 09 Oct, 2024 09:33am
Conditional export of sugar allowed ISLAMABAD: The Sugar Advisory Board (SAB) meeting, on Tuesday, decided to conditionally allow export of 500,000 tons... Updated 09 Oct, 2024 08:49am
World Bank pledges $2bn to help govt respond to 2022 floods ISLAMABAD: The World Bank (WB) had pledged $2 billion, including $1.55 billion for new projects, as support to help... Updated 09 Oct, 2024 09:04am
Palestine, Lebanon: Cabinet approves establishment of PM’s Relief Fund ISLAMABAD: The Federal Cabinet has approved the establishment of the Prime Minister’s Relief Fund for Palestine and... Updated 09 Oct, 2024 09:35am
Commodities Gold prices lower KARACHI: The local gold prices saw a dip on Tuesday, as the global bullion value receded below $2650 per ounce,... Published 09 Oct, 2024 06:26am
Commodities Chicago wheat rises on lower Russian supply SINGAPORE: Chicago wheat edged higher on Tuesday, with prices supported by expectations of lower output in Russia... Published 09 Oct, 2024 06:26am
Commodities Iron ore rides a roller coaster as China stimulus-driven frenzy fades BEIJING: Prices of iron ore futures rode a roller coaster on Tuesday, as some investors unwound long positions to... Published 09 Oct, 2024 06:26am
Commodities Malaysian palm oil falls on profit-taking JAKARTA: Malaysian palm oil futures fell on Tuesday on profit-taking, while declines in Chicago soyoil and crude oil... Published 09 Oct, 2024 06:26am
Commodities Japanese rubber futures lose ground SINGAPORE: Japanese rubber futures fell on Tuesday, weighed by concerns over a delay in the implementation of a key... Published 09 Oct, 2024 06:26am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 32.266 billion... Published 09 Oct, 2024 06:26am
32 top Saudi cos’ team due today Pakistan estimates investment of up to $15-20 billion from Saudi Arabia in different sectors/fields including purchase of public sector entities or share purchase Updated 09 Oct, 2024 10:26am
Strike and strife cost economy Rs190bn a day: minister ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said that national economy suffered cumulative losses of... Updated 09 Oct, 2024 08:53am
SME sector: SBP revises per party exposure limits KARACHI: Aimed at facilitating the SME sector, the State Bank of Pakistan (SBP) has revised the per party exposure... Published 09 Oct, 2024 06:26am
Regulatory retail portfolio: SBP ups limit for banks to Rs300m KARACHI: The State Bank of Pakistan (SBP) has announced an increase in the regulatory retail portfolio limit for... Published 09 Oct, 2024 06:26am
Companies Thomson Reuters to sell FindLaw business to Internet Brands NEW YORK: Thomson Reuters said on Thursday that it was selling its FindLaw business to Internet Brands. FindLaw... Published 09 Oct, 2024 06:26am
Ahsan reveals SMEs’ potential of $40-60bn export in next five years ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said that the small and medium... Published 09 Oct, 2024 06:26am
Companies Jazz to completely phase out 3G services by Nov ISLAMABAD: In a significant move for Pakistan’s digital landscape, Jazz is set to become the first telecom ... Published 09 Oct, 2024 06:26am
Taxes FBR urged to extend deadline for filing tax returns ISLAMABAD: Tax advisers have requested the Federal Board of Revenue (FBR) to extend the date for filing of returns ... Published 09 Oct, 2024 06:26am
Companies Engro Fertilizers launches ‘UgAi’ app KARACHI: In a bid to revolutionize the agriculture sector, Engro Fertilizers has launched “UgAi”, the first... Published 09 Oct, 2024 06:26am
US trade deficit contracts as exports rise to record high WASHINGTON: The US trade deficit narrowed sharply in August as exports increased to a record high, suggesting that... Published 09 Oct, 2024 06:26am
Money & Banking Dollar steady against major currencies NEW YORK: The dollar held steady near seven-week highs against major currencies on Tuesday as investors assessed the... Published 09 Oct, 2024 06:26am
Money & Banking Most Asia FX struggle on Middle East tensions BENGALURU: Most emerging Asian currencies were subdued and equities traded mixed on Tuesday, as escalating conflict... Published 09 Oct, 2024 06:26am
Industry PTA seeks immediate withdrawal of export of live animals’ decision KARACHI: It is unveiled from newspapers that the government is considering for the export of live animals for which... Updated 09 Oct, 2024 08:16am
‘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