South Asia South Korean President Yoon arrested over failed martial law bid SEOUL: Impeached South Korean leader Yoon Suk Yeol was arrested on Wednesday over his failed martial law bid, ending... Published 16 Jan, 2025 03:05am
Europe Wars, extreme weather events top global risks: Davos study BRUSSELS: Armed conflict is the biggest risk this year, a World Economic Forum survey warned on Wednesday, as... Published 16 Jan, 2025 03:05am
Why Does Trump want to occupy Greenland? President-elect Donald Trump has made his expansionist ideology loud and clear. Among his many controversial... Published 16 Jan, 2025 03:05am
Lessons from Los Angeles: mitigating wildfire risks in the Margalla Hills The recent wildfires in Los Angeles have once again highlighted the devastating consequences of climate change and... Published 16 Jan, 2025 03:05am
Europe Moscow, Kyiv exchange 50 POWs KYIV: Russia and Ukraine have each released 25 captured prisoners of war in the first exchange of 2025, both... Published 16 Jan, 2025 03:05am
Gaza rescuers say Israeli strikes kill 27 Palestinians GAZA STRIP: Gaza’s civil defence agency said on Wednesday that Israeli strikes killed at least 27 people, as the... Published 16 Jan, 2025 03:05am
South Asia India’s defence minister cites power rivalry in Indian Ocean region NEW DELHI: International power rivalry is playing out in the Indian Ocean region, India’s Defence Minister Rajnath... Published 16 Jan, 2025 03:05am
Xi hails ‘historical opportunity’ for China-Sri Lanka ties BEIJING: Chinese leader Xi Jinping said relations between China and Sri Lanka faced a “historical opportunity” ... Published 16 Jan, 2025 03:05am
USA Fire-hit LA faces new peril as dangerous gusts forecast LOS ANGELES: Powerful winds forecast for Wednesday threatened to whip up massive fires still burning around Los... Published 16 Jan, 2025 03:05am
South Asia Bangladesh’s Yunus demands return of stolen billions DHAKA: Bangladesh’s interim leader Muhammad Yunus on Wednesday demanded the return of stolen assets, decrying the... Published 16 Jan, 2025 03:05am
Banking courts lack jurisdiction to entertain tort claims? LAHORE: A higher appellate forum has set aside a judgment passed by the banking court, ruling that the banking ... Published 16 Jan, 2025 03:05am
Sindh students in Kyrgyzstan: Understanding on coordination mechanism reached KARACHI An understanding has been reached to establish a coordination mechanism to facilitate students from Sindh in... Published 16 Jan, 2025 03:05am
Unlocking Pakistan’s potential: a critical exploration of development challenges Why has Pakistan struggled to achieve sustainable long-term economic growth despite its vast potential? Development... Published 16 Jan, 2025 03:04am
Punjab PA: PPP seeks enhanced powers of ministers, parliamentary secretaries LAHORE: The Punjab Assembly witnessed another day of opposition’s protests Wednesday as the session commenced with... Published 16 Jan, 2025 03:04am
Dialogue is the answer– what’s the issue? While checking into a major international chain of Hotels in Cairo, a couple of years back, I was intrigued more by... Published 16 Jan, 2025 03:04am
Valuing lost energy The energy crisis in Pakistan coupled with a hike in fuel prices has extended the need for investments and... Published 16 Jan, 2025 03:04am
Letters The govt’s quest for new job opportunities Prime Minister Shehbaz Sharif has said his government is actively working on a policy aimed at lowering unemployment... Published 16 Jan, 2025 03:04am
PARTLY FACETIOUS: Taking the bull by the tail? “I have been to the Qadir University….” “Stop. Isn’t the subject sub judice?” “Well, I don’t think... Published 16 Jan, 2025 03:04am
Murad, Dar discuss Sindh uplift projects ISLAMABAD: Sindh Chief Minister Syed Murad Ali Shah called on the Deputy Prime Minister/ Foreign Minister Senator... Published 16 Jan, 2025 03:04am
PTI wants no delay in new CEC’s appointment ISLAMABAD: As the stage is set for the retirement of Chief Election Commissioner (CEC) Sikander Sultan Raja, the... Published 16 Jan, 2025 03:04am
Govt entities: Tarar underscores need for rightsizing ISLAMABAD: Law Minister Azam Tarar has said that rightsizing in the government entities is the need of the hour, as,... Published 16 Jan, 2025 03:04am
Why accused in APS attack case were not tried under Army Act, asks SC ISLAMABAD: The Constitutional Bench questioned why those persons who had launched attack on Army Public School (APS)... Published 16 Jan, 2025 03:04am
Gohar expresses cautious optimism over prospects of govt-PTI talks ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) negotiation committee will submit its demands in writing to the... Published 16 Jan, 2025 03:04am
ATC disposes of bail plea of Hajra Niazi LAHORE: The Anti-Terrorism Court on Wednesday disposed of a bail application of Hajra Niazi sister of Hassan Niazi... Published 16 Jan, 2025 03:04am
Maryam says students securing 65pc and above marks to get laptops LAHORE: Chief Minister Punjab Maryam Nawaz Sharif directed the authorities concerned to increase number of Honahar... Published 16 Jan, 2025 03:04am
The Weather KARACHI: The weather report on Wednesday (January 15, 2025) and the forecast for Thursday (January 16, 2025)... Published 16 Jan, 2025 03:04am
Stocks China stocks end lower as investors await more stimulus SHANGHAI: China stocks closed down on Wednesday following a strong rally in the previous session as investors were... Published 16 Jan, 2025 03:04am
Baseless assertions: FO, ISPR assail India’s minister, army chief ISLAMABAD: Taking strong exception, Pakistan’s Foreign Office and the military have strongly reacted to the Indian... Published 16 Jan, 2025 03:04am
Pakistan was never a formal ally of US: White House WASHINGTON: The United States has declared that Pakistan has played a pivotal role in the US counterterrorism ... Published 16 Jan, 2025 03:04am
Third round of govt-PTI talks to begin today ISLAMABAD: The stage is set for tempering down expectations of an imminent outcome of the negotiations between the... Published 16 Jan, 2025 03:04am
Nutrition’s COI report: Birth of low-weight, premature babies creating hidden crisis KARACHI: The birth of low-weight and premature babies is creating a hidden but significant health crisis in ... Published 16 Jan, 2025 03:04am
Meeting of newly-appointed Sindh govt spokespersons held KARACHI: A key meeting of the newly appointed spokespersons of the Sindh government was held here under the... Published 16 Jan, 2025 03:04am
Govt to promote movies, dramas, says Sharjeel KARACHI: The Sindh government has resolved to intensify efforts to promote movies, dramas, and documentaries while... Published 16 Jan, 2025 03:04am
NAB enables recovery of Rs510.12m from illegal housing society LAHORE: The National Accountability Bureau (NAB) Lahore has successfully enabled the recovery and disbursement of Rs... Published 16 Jan, 2025 03:04am
23 terrorists of banned outfits held across Punjab LAHORE: The Counter-Terrorism Department (CTD) Punjab foiled a major terrorist plan by arresting 23 terrorists... Published 16 Jan, 2025 03:04am
Massive financial irregularities exposed in KPK: Azma LAHORE: Punjab Information Minister Azma Bokhari has said that large-scale financial embezzlement and ghost ... Published 16 Jan, 2025 03:04am
JI chief criticises ruling elite LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem ur Rehman has criticized the ruling elite, calling them a visionless... Published 16 Jan, 2025 03:04am
Punjab cabinet approves agenda for forest department LAHORE: The Punjab Cabinet on Wednesday approved a four-point agenda for the Forest Department, which included... Published 16 Jan, 2025 03:04am
Stocks Indian benchmarks inch higher on IT MUMBAI: India’s benchmark indexes inched higher on Wednesday, led by energy and information technology stocks,... Published 16 Jan, 2025 03:04am
Commodities Gold prices recover sharply KARACHI: Gold prices regained a huge ground on Wednesday, as the global bullion rates neared $2,700 per ounce,... Published 16 Jan, 2025 03:04am
Rates PSX ends in the red KARACHI: Pakistan Stock Exchange on Wednesday witnessed a mixed trend and remained oscillating in positive and... Published 16 Jan, 2025 03:04am
Energy OGDCL says Karo-1 well brought into production KARACHI: Oil and Gas Development Company Limited (OGDCL) has announced that Kharo-1 well located in Khairpur, Sindh... Published 16 Jan, 2025 03:04am
Stocks Wall St surges after inflation data NEW YORK: Wall Street’s main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high,... Published 16 Jan, 2025 03:04am
Stocks Europe shares log best day in four months after US data FRANKFURT: European shares closed over 1% higher on Wednesday after an in-line inflation reading in the US raised ... Published 16 Jan, 2025 03:04am
Energy US natural gas prices rise NEW YORK: US natural gas futures rose about 1% to a two-year high on Wednesday on forecasts for more frigid weather... Published 16 Jan, 2025 03:04am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 140,133 tonnes of cargo comprising 102,975 tonnes of import cargo and 37,158... Published 16 Jan, 2025 03:04am
Energy Oil rises as traders assess sanctions impact NEW YORK: Oil prices rose on Wednesday as the market focused on potential supply disruptions from US sanctions on... Published 16 Jan, 2025 03:04am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (January 15, 2025)... Published 16 Jan, 2025 03:04am
Cotton & Textile Selective buying seen on cotton market LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained moderate. Cotton... Published 16 Jan, 2025 03:04am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM... Published 16 Jan, 2025 03:04am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (January 15, 2025). ==================================== ... Published 16 Jan, 2025 03:04am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Wednesday (January 15, 2025). ======================================= ... Published 16 Jan, 2025 03:04am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 15, 2025)... Published 16 Jan, 2025 03:04am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 15, 2025).... Published 16 Jan, 2025 03:04am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (January 15, 2025).... Published 16 Jan, 2025 03:04am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (January 15, 2025). ======================== Open ... Published 16 Jan, 2025 03:04am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 16 Jan, 2025 03:04am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (January 15, 2025). ========================== KIBOR... Published 16 Jan, 2025 03:04am
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 16 Jan, 2025 03:04am
Commodities French wheat export forecast held at lowest this century PARIS: Farm office FranceAgriMer on Wednesday kept its monthly forecast for 2024/25 French soft wheat exports ... Published 16 Jan, 2025 03:04am
Commodities Malaysian palm oil futures lower JAKARTA: Malaysian palm oil futures closed lower on Wednesday, tracking rival soyoil’s weakness in Dalian and... Published 16 Jan, 2025 03:04am
Commodities Japanese rubber futures soar SINGAPORE: Japanese rubber futures climbed for the fifth consecutive session on Wednesday to their highest in more... Published 16 Jan, 2025 03:04am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 41.317 billion... Published 16 Jan, 2025 03:04am
Commodities EU sanctions threat on Russian metal supports aluminium price LONDON: Aluminium prices in London rose on Wednesday due to worries about tightening supplies to the European Union... Published 16 Jan, 2025 03:04am
Commodities Corn, soybeans steady near multi-month highs CANBERRA/PARIS: Chicago corn and soybean futures edged higher on Wednesday to trade near multi-month highs as... Published 16 Jan, 2025 03:04am
Commodities Gold firms as dollar, yields slip; US inflation data looms NEW YORK: Gold prices firmed on Wednesday as the US dollar and Treasury yields retreated, while market participants... Published 16 Jan, 2025 03:04am
Commodities Iron ore near two-week high on strong China data BEIJING: Iron ore futures extended gains on Wednesday, aided by China’s better-than-expected credit data, but ... Published 16 Jan, 2025 03:04am
Commodities Dollar slips after CPI data NEW YORK: The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that... Published 16 Jan, 2025 03:04am
PD orders NPGCL to remove CEO ISLAMABAD: The Power Division has directed the Board of Northern Power Generation Company Limited (NPGCL) to... Updated 16 Jan, 2025 09:41am
Independent market being set up: Govt to stop purchasing power soon, NA told ISLAMABAD: Federal Minister for Power Awais Leghari informed the National Assembly on Wednesday that the government... Updated 16 Jan, 2025 09:40am
Senate panel told: Exporters fail to avail CPFTA-II opportunities ISLAMABAD: Commercial Section Pakistan Embassy Beijing admitted that neither the opportunities arising from China... Updated 16 Jan, 2025 08:54am
Afghan transit trade especially via Gwadar Port: Govt to swap bank guarantee for insurance bond ISLAMABAD: The government is set to replace the bank guarantee system with an insurance guarantee to facilitate... Updated 16 Jan, 2025 08:51am
Aurangzeb for innovative solutions to accelerate financial inclusion ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the second meeting of the... Updated 16 Jan, 2025 04:48pm
5MFY25: LSM sector sees 1.25pc contraction YoY ISLAMABAD: The overall Large Scale Manufacturing (LSM) sector has shown a growth of -1.25 percent during the first... Updated 16 Jan, 2025 04:11pm
Economy’s growth model needs urgent overhaul: World Bank ISLAMABAD: Pakistan’s model of growth — dominated by (public) consumption, high levels of debt, low productivity and... Updated 16 Jan, 2025 08:50am
Budget formulation process: OICCI president meets finance minister ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Yousaf Hussain,... Updated 16 Jan, 2025 09:39am
Banks apprised of road map to export growth Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal urges banks to step forward and increase lending to the private and priority sectors Updated 16 Jan, 2025 04:12pm
Nepra issues daily penalty warning to KE, Discos ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Wednesday warned K-Electric and other Discos of... Updated 16 Jan, 2025 08:52am
EV stations’ charging tariff cut to Rs39.70/unit ISLAMABAD: Federal Minister for Power Sardar Awais Ahmad Leghari stated on Wednesday that the government will soon... Updated 16 Jan, 2025 08:52am
Industry De-regulation of non-essential drugs has helped availability, realise export potential: PPMA chief KARACHI: The deregulation of non-essential drugs has enabled pharmaceutical companies to resume production, improve... Published 16 Jan, 2025 03:04am
Industry USF subsidy: PTCL, Ufone take major chunk ISLAMABAD: Pakistan Telecommunication Comp-any Limited (PTCL) and Ufone took major chunk of around Rs77 billion or ... Published 16 Jan, 2025 03:04am
Aurangzeb chairs PMIC meeting: Several key challenges to financial inclusion outlined ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting with the... Published 16 Jan, 2025 03:04am
Industry SECP reviewing cost audit framework for corporate sector ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is reviewing Cost Audit framework to balance... Published 16 Jan, 2025 03:04am
Industry Pakistan, Bangladesh needed to ink FTA or PTA: FPCCI KARACHI: Atif Ikram Sheikh, President FPCCI, has stressed that Pakistan and Bangladesh need to have free trade... Published 16 Jan, 2025 03:04am
Making power affordable EDITORIAL: Power Minister Awais Leghari’s recent detailed assessment of the state of the power sector and the... Published 16 Jan, 2025 03:04am
Advancing female education EDITORIAL: The two-day conference on “Educating Girls in Muslim Societies: Challenges and Opportunities”, ... Published 16 Jan, 2025 03:04am
JPMorgan earns biggest-ever annual profit NEW YORK: JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall... Published 16 Jan, 2025 03:04am
UK inflation dips LONDON: Britain’s annual inflation rate unexpectedly fell to 2.5 percent last month, official data on Wednesday... Published 16 Jan, 2025 03:04am
Money & Banking Asian currencies: Rupiah hits over 5-month low BENGALURU: Indonesia’s rupiah fell to its lowest in more than five months on Wednesday ahead of the central... Published 16 Jan, 2025 03:04am
Industry LCCI holds seminar titled ‘real estate taxation’ LAHORE: The Lahore Chamber of Commerce and Industry has organized an important seminar on “Real Estate Taxation”... Published 16 Jan, 2025 03:04am
Industry Collector Customs addresses FCCI members, speaks of progressive steps FAISALABAD: Import and export containers are being cleared on the same day under the multiple steps taken for the... Published 16 Jan, 2025 03:04am
Industry KCCI urges govt to probe stepped-up load-shedding KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani while strongly criticizing... Published 16 Jan, 2025 03:04am
61bps drop in PIBs yield recorded KARACHI: Margins on long-term government papers fell up to 61 basis points (bps) in the auction held on Wednesday.... Published 16 Jan, 2025 03:04am
Petrol price hiked by Rs3.47, HSD’s by Rs2.61 ISLAMABAD: Federal government announced on Wednesday a raise in petroleum products prices up to Rs 3.47 per litre ... Published 16 Jan, 2025 03:04am
Companies Ideas by GulAhmed unveils experience store at Dolmen Mall Clifton KARACHI: Ideas by GulAhmed, a leading name in Pakistan’s fashion and lifestyle industry, has launched it’s... Published 16 Jan, 2025 03:04am
Companies Bisconni’s premium biscuit range wins award KARACHI: Bisconni’s premium biscuit range has been awarded the prestigious ‘Home Brand of the Year –... Published 16 Jan, 2025 03:04am
Companies Haaris Mahmood Chaudhary appointed CEO of Mobilink Bank KARACHI: The Board of Mobilink Bank has announced the appointment of Haaris Mahmood Chaudhary as the new Chief... Published 16 Jan, 2025 03:04am