World Vladimir Putin to push growing Moscow-Beijing trade in China’s northeast BEIJING: After sealing pledges of a “new era” of strategic partnership with China’s Xi Jinping, Russian President... Published 17 May, 2024 10:53am
Markets China April aluminium output grows as prices rise BEIJING: China’s primary aluminium production in April rose 7.2% from a year earlier, official data showed on... Published 17 May, 2024 10:49am
Markets Wheat rises on Russian crop woes, but US production outlook limits gains SINGAPORE: Chicago wheat rose on Friday, after climbing earlier this week to a nearly 10-month high, with concerns... Published 17 May, 2024 10:45am
Business & Finance Malaysia’s economy grows 4.2% y/y in Q1, beats forecast KUALA LUMPUR: Malaysia’s economy grew 4.2% in the first quarter of 2024 from a year earlier, beating market... Published 17 May, 2024 10:40am
Markets China’s yuan weakens as dollar rebounds, disappointing data weighs HONG KONG: China’s yuan eased on Friday as the US dollar rebounded and a flurry of domestic data pointed to weaker... Published 17 May, 2024 10:38am
Markets Indian bond yields flattish as traders eye debt supply MUMBAI: Indian government bond yields were largely unchanged in the early session on Friday as market participants... Published 17 May, 2024 10:31am
Business & Finance ECB’s Schnabel calls for caution in rate cuts beyond June, Nikkei reports TOKYO: European Central Bank (ECB) board member Isabel Schnabel said the central bank may slash interest rates in... Published 17 May, 2024 10:27am
Sports Pain-free Sabalenka keeps close eye on back injury before French Open World number two Aryna Sabalenka said she is playing without pain following a lower back injury in Rome but will not... Published 17 May, 2024 10:25am
Markets China stock edge down as property, consumer data disappoints; HK higher HONG KONG: China stocks struggled for direction on Friday and inched lower by midday as a slew of domestic data... Published 17 May, 2024 10:22am
Markets Iron ore heads for weekly gain on China’s property stimulus efforts BEIJING: Iron ore futures extended gains on Friday and were on track for a weekly gain, supported by resilient... Published 17 May, 2024 10:19am
Markets Gold prices set for second weekly gain on Fed rate-cut optimism Gold prices appeared set for a second consecutive weekly gain on Friday, after recent US inflation data fuelled... Published 17 May, 2024 10:15am
Markets Japan’s Nikkei skids on Wall Street weakness and BOJ policy uncertainty TOKYO: Japan’s Nikkei share average retreated on Friday, tracking Wall Street’s weak finish overnight, with... Published 17 May, 2024 10:13am
Markets Australia, NZ dollars fight to hold new range, China data a drag SYDNEY: The Australian and New Zealand dollars were looking to lock into a new higher trading range on Friday after... Published 17 May, 2024 10:10am
Markets Australia shares retreat as banks, technology, healthcare stocks drag Australian shares slipped on Friday, tracking overnight fall in Wall Street and snapping a two-day winning streak,... Published 17 May, 2024 10:08am
Markets Indian shares to open muted as global stocks rally loses steam BENGALURU: Indian shares are set for a muted start on Friday, after logging their best day in over two weeks in the... Published 17 May, 2024 10:06am
Markets Dollar set for weekly drop on US slowdown signs SINGAPORE: The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs... Published 17 May, 2024 10:03am
Markets Oil set for weekly gain on signs of improving demand Oil prices gained on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs... Published 17 May, 2024 09:59am
BR Research LSM: Revival will be painfully slow For the fourth month running, LSM reading recorded a positive year-on-year growth, as March 2024 LSM grew 2 percent... Published 17 May, 2024 09:30am
BR Research Meat exports: tiny earnings, and even tinier players According to UN Comtrade database, Pakistan’s share in the global meat trade stands at just 0.2 percent. At just... Published 17 May, 2024 09:26am
BR Research Interview with Zain Ibrahim, Regional Director - Middle East, Africa, South Asia for the Society of Actuaries (SOA) ‘SOA paves the way for Pakistani actuaries to play a leading role in the nation’s economic growth’ Zain Ibrahim,... Published 17 May, 2024 09:22am
World 15 EU states push to send asylum seekers to third countries BRUSSELS (Belgium): Fifteen EU states want “new ways” to handle irregular migrants, including sending some to... Published 17 May, 2024 05:50am
World Xi, Putin hail ties as ‘stabilising’ force in chaotic world BEIJING: Leaders Xi Jinping and Vladimir Putin framed their nations’ ties as a stabilising force in a chaotic ... Published 17 May, 2024 05:50am
World AL calls for UN peacekeepers in Palestinian territories MANAMA: The Arab League on Thursday called for a UN peacekeeping force in the Palestinian territories and an... Published 17 May, 2024 05:50am
World Geopolitical tensions threaten eurozone stability: ECB FRANKFURT, (Germany): Geopolitical tensions and policy uncertainty in a year featuring many elections worldwide... Published 17 May, 2024 05:50am
World US should keep open trade, work with China: IMF WASHINGTON: The US would be better served by maintaining its open trade system rather than imposing new punitive... Published 17 May, 2024 05:50am
Pakistan The Weather KARACHI: The weather report on Thursday (May 16, 2024) and the forecast for Friday (May 17, 2024)... Published 17 May, 2024 05:50am
Pakistan SC takes suo motu on Vawda’s press conference ISLAMABAD: The Supreme Court on Thursday took suo motu on the press conference of Senator Faisal Vawda in which he... Published 17 May, 2024 05:50am
Pakistan Court reserves verdict on IK’s acquittal plea in two cases ISLAMABAD: A local court on Thursday reserved its verdict on the acquittal plea of Pakistan Tehreek-e-Insaf (PTI)... Published 17 May, 2024 05:50am
Pakistan Court seeks arguments on IK, Bushra’s bail pleas on 20th ISLAMABAD: The court on Thursday sought arguments on Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan’s bail plea... Published 17 May, 2024 05:50am
Pakistan Chaos in NA after ‘foul language’ used against a woman MP ISLAMABAD: The lower house of parliament witnessed chaos and exchange of verbal insults on Thursday after Tariq... Published 17 May, 2024 05:50am
Pakistan Orange Line, Green Line systems merged: Sharjeel inaugurates ‘Orange Line Extension’ in Orangi Town KARACHI: The Orange Line Extension, integrating the Orange Line and Green Line BRT systems, has been inaugurated by... Published 17 May, 2024 05:50am
Pakistan JAC concerned at Punjab defamation bill, digital media authority KARACHI: The Joint Action Committee (JAC) expressed serious concern over the proposed Punjab Defamation Bill 2024 in... Published 17 May, 2024 05:50am
Pakistan Industries, CNG stations: SSGC announces 24hr gas holiday in Sindh KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hours gas holiday for all industries including their power... Published 17 May, 2024 05:50am
Pakistan 27 electric buses to be in operation in Lahore by end-year: minister LAHORE: The government announced in the Punjab Assembly that electric and hybrid buses would be operated in Lahore... Published 17 May, 2024 05:50am
Pakistan ‘Maryam Ki Dastak’: Punjab govt launches registration of ‘facilitators’ LAHORE: To provide a range of public services directly at the people’s doorsteps, the Punjab government launched... Published 17 May, 2024 05:50am
Pakistan JI chief slams Punjab govt’s ‘package’ for farmers LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem ur Rehman has criticized the Punjab government’s farmer package as... Published 17 May, 2024 05:50am
Pakistan Rural health unit in Phoolnagar opened: Corruption in wheat procurement process brought to an end: CM LAHORE: Chief Minister Punjab Maryam Nawaz Sharif said on Thursday that there is no wheat crisis in the province and... Published 17 May, 2024 05:50am
Pakistan Minister announces interest-free loans for farmers LAHORE: To support farmers and families of deceased employees, Punjab Finance Minister Mujtaba Shuja-ur-Rehman has... Published 17 May, 2024 05:50am
Pakistan Abuse of dominant position: IHC allows CCP to proceed with probe against firm ISLAMABAD: The Islamabad High Court has allowed the Competition Commission of Pakistan (CCP) to proceed with its... Published 17 May, 2024 05:50am
Pakistan JI opposes idea of fresh polls KARACHI: Jamaat-e-Islami (JI) Pakistan Amir Engr Hafiz Naeemur Rehman, on Thursday, dismissed demands for fresh... Published 17 May, 2024 05:50am
Pakistan People involved in enforced disappearances: Justice Kayani says there should be legislation to award death penalty ISLAMABAD: Justice Mohsin Akhtar Kayani, a judge of Islamabad High Court (IHC), Thursday, said that there should be... Published 17 May, 2024 05:50am
Pakistan Pakistan, UK commit to arms control, disarmament & non-proliferation ISLAMABAD: Pakistan and the United Kingdom have expressed their commitment to further enhance coordination on... Published 17 May, 2024 05:50am
Pakistan Petition against Dar as Deputy PM dismissed LAHORE: The Lahore High Court on Thursday dismissed a petition against Foreign Minister Ishaq Dar for his... Published 17 May, 2024 05:50am
Technology PTA announces 6GHz for unlicensed RLAN operations ISLAMABAD: The Pakistan Telecommunication Authority (PTA) announced 6 Gigahertz (GHz) spectrum band for unlicensed... Published 17 May, 2024 05:50am
Pakistan Sindh, Unicef agree to launch child protection plan KARACHI: Sindh Chief Minister Syed Murad Ali Shah and Unicef Country Representative Abdullah A Fadil in their ... Published 17 May, 2024 05:50am
Pakistan SSGC’s operation against gas theft continues KARACHI: SSGC’s relentless pursuit of gas theft miscreants is gaining momentum as more than 235 illegal ... Published 17 May, 2024 05:50am
Pakistan Governor says Karachi no longer ‘economic hub’ of country KARACHI: Governor Sindh Kamran Khan Tessori has said that the megacity has lost its status of being Pakistan’s... Published 17 May, 2024 05:50am
Pakistan Third-party validation report of federal Sehat Sahulat Programme launched ISLAMABAD: The Prime Minister’s Coordinator on National Health Services and Regulations, Dr Mukhtar Ahmad Bharath,... Published 17 May, 2024 05:50am
Pakistan Within premises of courtroom: IHC bars entry of intel agencies operatives ISLAMABAD: The Islamabad High Court (IHC), Thursday, barred the entry of operatives of intelligence agencies within... Published 17 May, 2024 05:50am
Pakistan NAO amendments case: Hearing adjourned without allowing IK to speak ISLAMABAD: The Supreme Court adjourned the hearing of amendments in the National Accountability Ordinance (NAO) for... Published 17 May, 2024 05:50am
Technology Rs63bn taxes/duties collected: DIRBS registers all GSMA-valid mobile devices ISLAMABAD: The Device Identification Registration and Blocking System (DIRBS) registered all GSMA-valid mobile... Published 17 May, 2024 05:50am
Print Petroleum leases, licences: Ex-SAPM’s order cost exchequer Rs1.2bn: AGP ISLAMABAD: The Auditor General for Pakistan (AGP) has pointed out that due to the interference of the former Special... Updated 17 May, 2024 09:27am
Print High-quality B&R cooperation: Pakistan, China agree to deepen Beijing’s steps ISLAMABAD: Pakistan and China have agreed to deepen and substantiate Beijing’s eight major steps to support... Updated 17 May, 2024 09:08am
Print FATA, PATA regions: No law under study to grant tax relief: Aurangzeb ISLAMABAD: Federal Minister for Finance Senator Muhammad Aurangzeb said there is no legislation under government... Updated 17 May, 2024 09:07am
Print PM for implementation of ‘understanding’ with AJK MUZAFFARABAD: Prime Minister Shehbaz Sharif on Thursday calling the progress of Pakistan and Azad Jammu and Kashmir... Updated 17 May, 2024 10:44am
Print Finally, PM reaches out to Kashmiris MUZAFFARABAD: Prime Minister Shehbaz Sharif on Thursday said that no so-called legislation or court verdicts could... Updated 17 May, 2024 09:32am
Business & Finance Taxpaying traders & industrialists should be respected: LCCI LAHORE: President of the Lahore Chamber of Commerce and Industry, Kashif Anwar, emphasized that the taxpayer traders... Published 17 May, 2024 05:50am
Business & Finance SMEDA, ILO unveil joint study LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and International Labour Organization (ILO)... Published 17 May, 2024 05:50am
Business & Finance Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’ KARACHI: Pakistan’s pharmaceutical sector can increase its exports to $3 billion over the next five years, ... Published 17 May, 2024 05:50am
Business & Finance PTBA for digitalisation, documentation of economy KARACHI: Pakistan Tax Bar Association (PTBA) has emphasised the need for the digitalisation and documentation of the... Published 17 May, 2024 05:50am
Business & Finance Criticality of compatibility of social indicators with economic indicators highlighted ISLAMABAD: The National Sustainable Development Goals (SDGs) Conference Economic Session on Thursday emphasised... Published 17 May, 2024 05:50am
Business & Finance Negligence on the part of customs staff causes revenue loss LAHORE: Negligence on the part of Customs staff towards the smuggled goods lead to revenue loss to the national... Published 17 May, 2024 05:50am
Editorials FBR must stop leaning on crutches EDITORIAL: In a fresh indicator of the Federal Board of Revenue’s (FBR’s) utter inability to carry out its basic... Published 17 May, 2024 05:50am
Editorials All in the family EDITORIAL: Since Nawaz Sharif has always called the shots in the PML-N, even during the PDM government when he was ... Published 17 May, 2024 05:50am
Business & Finance Audit report for FY23 tax period: AGP objects to FBR’s increased reliance on WHTs ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly objected that the Federal Board of Revenue (FBR) has... Published 17 May, 2024 05:50am
Business & Finance Pak-Qatar IT Tower opens: Development of IT sector first priority: Minister ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said the development of the IT... Published 17 May, 2024 05:50am
Business & Finance Govt urged to reduce energy tariff for better economy KARACHI: Muhammad Kamran Arbi, President of the SITE Association of Industry has urged the government to reduce... Published 17 May, 2024 05:50am
Business & Finance Jul-Apr petroleum group imports post 1.53pc negative growth ISLAMABAD: Petroleum group imports witnessed a negative growth of 1.53 per cent during the first 10 months... Published 17 May, 2024 05:50am
Business & Finance Budget proposals: KCCI demands out-of-box solutions to save nose-diving economy KARACHI: High rate of inflation has pushed the prices of consumer goods and commodities to a level where these are... Published 17 May, 2024 05:50am
Business & Finance Polish trade delegation due on 20th ISLAMABAD: A business delegation by leading Polish companies will arrive on a five-day visit to Pakistan on May 20,... Published 17 May, 2024 05:50am
Business & Finance SECP commences second phase of LEAP ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) commenced the second phase of its end-to-end... Published 17 May, 2024 05:50am
Business & Finance Macroeconomic conditions: ADB team briefed about improvement ISLAMABAD: The Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb was called on by Alternate... Published 17 May, 2024 05:50am
Business & Finance Budget: APCPC demands govt consult business community ISLAMABAD: All Pakistan Chambers Presidents Conference (APCPC) threatened the government of rejecting the budget for... Published 17 May, 2024 05:50am
Print Exchange rate adjustment: Ogra endorses PSO’s claim ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has endorsed Pakistan State Oil’s claim for an exchange rate... Updated 17 May, 2024 09:11am
Print Govt intends to convert 3 imported coal-run power plants to Thar coal ISLAMABAD: The government intends to convert three plants running on imported coal to Thar coal after taking Chinese... Updated 17 May, 2024 09:24am
Print Public debt soars to Rs39.7trn, NA told ISLAMABAD: The external debt was recorded at $86.36billion and domestic debt was recorded at Rs39.7 trillion of the... Updated 17 May, 2024 09:06am
Print MoF asked to make CPEC SEZs tax-free ISLAMABAD: The federal cabinet has directed Finance Ministry to clear dividends owed to Chinese firms operating in... Updated 17 May, 2024 09:05am
Business & Finance Jul-Apr textile group exports down 0.19pc to $13.683bn YoY ISLAMABAD: The country’s textile group exports declined by around 0.19 per cent during the first 10 months... Published 17 May, 2024 05:50am
Print Immovable properties: Hike in advance tax on purchase likely ISLAMABAD: The government is likely to raise advance tax on the purchase of immovable properties by non-filers in... Updated 17 May, 2024 09:22am
Print Borrowings, mark-up payments: Policy rate hike pushed up FY23 cost The expenditure on mark-up payments was Rs5,696 billion in fiscal year 2022-23 against Rs3,950 billion estimated in the budget Updated 17 May, 2024 09:44am
World China ‘can’t have it both ways’ with Russia and West: US WASHINGTON: The United States on Thursday said Chinese President Xi Jinping cannot both improve ties with the West... Published 17 May, 2024 12:04am
World Israel army says two Thai hostages held in Gaza are dead JERUSALEM: The Israeli army said Thursday that two Thai hostages earlier believed to be alive in Gaza were killed in... Published 16 May, 2024 11:57pm
World Russia ramps up strike drone use on Kharkiv front, Ukrainian artillery crew says KHARKIV REGION: Ukrainian artillery on the Kharkiv frontline are facing a bigger threat than ever from Russia’s... Published 16 May, 2024 11:03pm
World Hamas authorities say over 100 academics killed in Gaza war GAZA STRIP: Gaza authorities released a list on Thursday of more than 100 academics and researchers they say have... Published 16 May, 2024 10:11pm
Pakistan NDMA says severe heatwave likely to hit Punjab, Sindh next week The National Disaster Management Authority (NDMA) has issued a severe heatwave alert for most parts of the country,... Published 16 May, 2024 10:11pm
Perspectives The revolving door of instability in Pakistan The current state of affairs in Pakistan is deeply concerning as the country appears to be slipping back into... Published 16 May, 2024 08:34pm
Markets Dow sprints past 40,000-mark on earnings boost, rate-cut bets The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest... Published 16 May, 2024 08:34pm
Markets Most Gulf markets rise on US rate cut optimism; Dubai slips Most stock markets in the Gulf ended higher on Thursday, amid rising hopes for interest rate cuts by the U.S.... Published 16 May, 2024 08:31pm
Markets SBP-held foreign exchange reserves increase $15mn, now stand at $9.13bn Total liquid foreign reserves held by the country stand at $14.62 billion Updated 16 May, 2024 10:28pm
World South Africa tells UN court Israel ‘genocide’ hit ‘new and horrific stage’ THE HAGUE: South Africa accused Israel on Thursday at the top UN court of stepping up what it called a “genocide” in... Updated 16 May, 2024 08:14pm
Pakistan CM Maryam announces Rs400bn package for farmers Chief Minister Punjab Maryam Nawaz announced on Thursday that the provincial government will introduce a... Updated 16 May, 2024 09:16pm
World Germany urges greater protection of civilians in Rafah BERLIN: German Foreign Minister Annalena Baerbock on Thursday urged greater protection of civilians in Rafah, as the... Published 16 May, 2024 07:16pm
World World Bank and Turkiye signs $1bn renewable energy program ISTANBUL: Turkiye and the World Bank signed an agreement for $1 billion program to support renewable energy... Published 16 May, 2024 07:09pm
Pakistan PIA privatisation: deadline for EoI submission not expected to be extended further The deadline for companies to express their interest in buying national carrier Pakistan International Airlines... Updated 16 May, 2024 10:43pm
World Egypt president says Israel evades Gaza ceasefire efforts DUBAI: Israel continues to evade efforts to reach a ceasefire in its war with Hamas in Gaza, Egyptian President... Published 16 May, 2024 06:28pm
Markets Kenyan and Nigerian currencies could weaken NAIROBI: The Kenyan and Nigerian currencies are expected to weaken in the next week to Thursday, while Ghana’s,... Published 16 May, 2024 06:18pm
Business & Finance SECP says enters second phase of digital transformation ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) commenced the second phase of its end-to-end... Published 16 May, 2024 06:04pm
World Israel claims it’s wearing down Hamas, sending more troops to area of Rafah JERUSALEM: Israel’s defense minister said on Thursday that additional troops would join a ground aggression in an... Updated 16 May, 2024 06:48pm
Pakistan Govt will not propose extension in tax exemptions for ex-FATA, PATA: Aurangzeb Finance Minister Muhammad Aurangzeb on Thursday said the government has decided to withdraw tax and duty exemptions... Updated 16 May, 2024 08:19pm
Life & Style Cannes Film Festival to feature Pakistani animated feature ‘The Chronicles of Umro Ayyar’ The 77th Cannes Film Festival will screen Pakistani 3D-animated feature film, ‘The Chronicles of Umro Ayyar’,... Published 16 May, 2024 05:40pm