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Ministry of Defence

UK has record £16.9bn shortfall in defence budget: watchdog

LONDON: The UK’s defence department is facing a £16.9 billion ($21.4 billion) shortfall in its equipment budget due...

Published 04 Dec, 2023 04:31pm

‘Civilians’ trial in military courts’: MoD urges SC to set aside Oct 23 order

ISLAMABAD: The Ministry of Defence urged the Supreme Court to set aside its October 23 order that had declared the...

Updated 21 Nov, 2023 08:46am

Pakistan

MoD tells IHC it has no role in ‘audio leaks’

ISLAMABAD: The Ministry of Defence on Monday informed the Islamabad High Court (IHC) that it had no role in ...

Published 19 Sep, 2023 07:15am

World

Russia says two Ukrainian drones downed over Belgorod

MOSCOW: Russia said it destroyed two Ukrainian drones close to the border in the Belgorod region on Monday. No...

Published 11 Sep, 2023 12:08pm

Defence ministry moves SC for holding same-day elections

KARACHI: The Ministry of Defence Tuesday moved the Supreme Court seeking elections across the country on the same...

Updated 19 Apr, 2023 08:42am

Business & Finance

Paapam, ministry to explore partnership avenues

LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) and the Ministry of...

Published 11 Oct, 2022 05:54am

Pakistan

Cabinet questions setting up of ‘NUP’

ISLAMABAD: Prime Minister Shehbaz Sharif-led federal cabinet has raised questions over the establishment of National...

Published 26 Aug, 2022 05:35am

Pakistan

NA-245 by-election: ECP approaches MoD for army deployment

ISLAMABAD: Election Commission of Pakistan (ECP) has approached the Ministry of Defence (MoD) for the deployment of...

Published 23 Jun, 2022 06:05am

Pakistan

Jinnah Naval Base: MoD wants ECC approval for Rs5.5bn grant

ISLAMABAD: Ministry of Defence (MoD) has sought approval of Economic Coordination Committee (ECC) of the Cabinet for...

Published 20 May, 2022 05:15am

Pakistan

Khawaja Asif assumes charge as defence minister

ISLAMABAD: Member National Assembly (MNA) Khawaja Muhammad Asif on Tuesday assumed charge as Minister for Defence. ...

Published 27 Apr, 2022 06:38am

World

UK says bulk of Russian forces more than 25 kms from centre of Kyiv

Russian forces advancing on Kyiv from the north-east have stalled and the bulk of its forces remain more than 25...

Published 21 Mar, 2022 12:39pm

Shamba Ismail (Gwadar): CCoCPEC asks MoD to hand land over to Chinese concessionaire

ISLAMABAD: The Cabinet Committee on CPEC (CCoCPEC) has directed Ministry of Defence to vacate 52 acres of land at...

Updated 07 Mar, 2022 10:03am

Pakistan

PSDP Senate body approves all budgetary proposals

ISLAMABAD: The Senate Standing Committee on Defence, on Wednesday, approved all the budgetary proposals worth Rs36...

Published 03 Mar, 2022 04:39am

Pakistan

NA panel approves budgetary proposals of MoD

ISLAMABAD: The National Assembly Standing Committee on Defence, on Monday, approved all the budgetary proposals ...

Published 01 Mar, 2022 05:34am

Pakistan

Land dispute at Gwadar Port: CCoCPEC will consider four options

ISLAMABAD: The Cabinet Committee on CPEC (CCoCPEC), which is scheduled to meet on Thursday (today), will consider...

Updated 17 Feb, 2022 10:22am

Pakistan

Covid-related needs: Ministry seeks Rs1bn supplementary grant for Army

ISLAMABAD: The Ministry of Defence (MoD) has sought formal approval of supplementary grant of Rs 1 billion for Pak...

Updated 09 Feb, 2022 11:29am

Resolution of Gwadar land dispute in sight

ISLAMABAD: The Cabinet Committee on CPEC (CCoCPEC) is to resolve dispute over 72 acres of land of Gwadar between...

Updated 26 Jan, 2022 09:55am

Pakistan

$2.13m sought for maintenance of ‘VVIP planes’

ISLAMABAD: Ministry of Defence (MoD) has sought $2.132million for yearly maintenance of VVIP aircrafts used by the...

Published 09 Dec, 2021 04:29am

World

India approves Airbus-Tata deal for military aircraft

MUMBAI: European aerospace giant Airbus has clinched a landmark $3 billion deal to make military aircraft for India...

Published 10 Sep, 2021 04:41am

Pakistan

LG elections in 42 CBs: CCTV cameras to be installed at 'sensitive' polling stations

ISLAMABAD: Closed-circuit television (CCTV) cameras would be installed only at those polling stations being marked ...

Published 01 Sep, 2021 03:59am

World

Taliban claim of controlling 90% of Afghan border is 'absolute lie': govt

Defence ministry says govt forces in control of country's frontiers

Updated 23 Jul, 2021 02:45pm

Cantonment Boards: LG elections to be held on Sept 12

ISLAMABAD: Election Commission of Pakistan (ECP) Friday issued the schedule for local government elections in 219...

Published 10 Jul, 2021 03:29am

Pakistan

Senate body directs ministry: 'Foreign boots on Pak soil to be considered forbidden under parliament's directive'

ISLAMABAD: The Senate Committee on Defence and National Security, on Tuesday, directed the Ministry of Defence that...

Published 30 Jun, 2021 03:54am

World

Secret UK defence documents found at bus stop

LONDON: Britain's government said Sunday it was investigating how secret defence documents, outlining the movements...

Published 28 Jun, 2021 04:38am

World

Classified Britain's defence ministry documents found at bus stop in England

The BBC said the documents, almost 50 pages in all, were found "in a soggy heap behind a bus stop in Kent early on Tuesday morning" by a member of the public, who wanted to remain anonymous.

Published 27 Jun, 2021 03:41pm

Pakistan

Defence budget: Rs1.33trn to be allocated in FY2021-22

ISLAMABAD: Total defence allocation for next fiscal year (2021-22) would be 17 percent of the total budget and 2.6...

Published 08 Jun, 2021 04:09am

Pakistan

ECP issues list of seven reclassified CBs

ISLAMABAD: The Election Commission of Pakistan (ECP) Wednesday published the list of seven cantonment boards (CBs)...

Published 15 Apr, 2021 03:22am

World

Three killed in Afghan army helicopter crash

KANDAHAR: At least three Afghan security personnel were killed when a military helicopter crashed in southern...

Updated 02 Apr, 2021 09:06am

Lavrov due next month

ISLAMABAD: Russian Foreign Minister Sergey Lavrov is likely to visit Pakistan during second week of April 2021, with...

Published 26 Mar, 2021 05:22am

World

UK to unveil global focus in defence modernisation plans

The ministry also noted ongoing naval operations with NATO allies in the Baltic, and the deployment to Asia later this year of a carrier strike group led by the country's new aircraft carrier.

Published 22 Mar, 2021 10:19am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Dec 5 First Punjab Modaraba(FPJM)	1.80 ▲ 0.20 (12.50%)
Popular Islamic / Dec 5 Popular Islamic Modaraba(PIM)	10.50 ▲ 1.00 (10.53%)
Bawany Air Products / Dec 5 Bawany Air Products Limited(BAPL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Dec 5 Tri-Star Power Limited(TSPL)	11.88 ▲ 1.00 (9.19%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	12 ▲ 1.00 (9.09%)
Nazir Cotton Mills / Dec 5 Nazir Cotton Mills Limited(NCML)	3.91 ▲ 0.31 (8.61%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
Sakrand Sugar / Dec 5 Sakrand Sugar Mills Limited(SKRS)	9.94 ▲ 0.71 (7.69%)
Tariq Corporation / Dec 5 Tariq Corporation Limited(TCORP)	19.18 ▲ 1.34 (7.51%)
Matco Foods Ltd / Dec 5 Matco Foods Limited(MFL)	37.86 ▲ 2.64 (7.50%)

Stock	Price
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	6.45 ▼ -0.70 (-9.79%)
Power Cem(Pref) / Dec 5 Power Cement (Pref)(POWERPS)	7.80 ▼ -0.80 (-9.30%)
Unicap Modaraba / Dec 5 Unicap Modaraba(UCAPM)	1.81 ▼ -0.16 (-8.12%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	26.11 ▼ -2.12 (-7.51%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
Otsuka Pakistan / Dec 5 Otsuka Pakistan Limited(OTSU)	159.25 ▼ -12.91 (-7.50%)
Olympia Mills / Dec 5 Olympia Mills Limited(OML)	16.31 ▼ -1.31 (-7.43%)
F.Credit & Inv / Dec 5 First Credit and Investment Bank Limited(FCIBL)	5.51 ▼ -0.43 (-7.24%)
Philip Morris Pak. / Dec 5 Philip Morris (Pakistan) Limited(PMPK)	510.70 ▼ -39.30 (-7.15%)
Saif Textile / Dec 5 Saif Textile Mills Limited(SAIF)	10.22 ▼ -0.77 (-7.01%)

Stock	Volume
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	58,087,694 ▲ 0.24
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.01
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.28
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	30,480,397 ▲ 1.12
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	28,170,500 ▲ 0.47
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	26,337,000 ▲ 0.36
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	26,128,740 ▲ 0.52
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -1.28
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -0.58
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	146.80
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Nasdaq / Dec 4	14185.50
Dow Jones / Dec 4	36204.44
India Sensex / Dec 5	69356.82
Tokyo Nikkei / Dec 5	32782.14
Hang Seng / Dec 5	16405.25
FTSE 100 / Dec 5	7475.73
Germany DAX 30 / Dec 5	16399.89
France CAC40 / Dec 5	7341.86

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 4	191701
Crude Oil USD/Barrel / Dec 5	73
Gold Spot USD/Ounce / Dec 5	2033.31
Cotton US¢/pound / Dec 5	78.78

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