World Bank for more investment in human development KARACHI: The World Bank’s report, Pakistan Human Capital Review (HCR), Building Capabilities throughout Life,... Published 03 May, 2023 06:53am
AKFED intends to acquire more HBL shares KARACHI: Habib Bank Limited (HBL) has announced that its Sponsor Aga Khan Fund for Economic Development (AKFED)... Published 03 May, 2023 06:44am
FBR rescinds SRO but new FED rates on cigarettes to remain intact ISLAMABAD: The Federal Board of Revenue (FBR) has rescinded SRO 178(I)/2023 which has considerably increased the... Published 03 May, 2023 06:42am
The Weather KARACHI: The weather report on Tuesday (May 02, 2023) and the forecast for Wednesday (May 03, 2023)... Published 03 May, 2023 06:35am
Major bids to smuggle huge quantities of fertilizer, sugar to Afghanistan foiled ISLAMABAD: Directorate General of Intelligence and Investigation-Customs foiled major attempts to smuggle huge... Published 03 May, 2023 06:35am
Pakistan Shaheens start four-day match against Zimbabwe-A today LAHORE: Imran Butt-led Pakistan Shaheens will be eying for a winning start when they take on Zimbabwe-A in the... Published 03 May, 2023 06:35am
PM assures support to development of AJK people ISLAMABAD: Prime Minister Shehbaz Sharif has stated that the federal government will provide all possible support ... Published 03 May, 2023 06:35am
PPP will continue to support freedom of press: Zardari ISLAMABAD: Former president of Pakistan and President Pakistan People’s Party Parliamentarians (PPP-P), Asif Ali... Published 03 May, 2023 06:35am
G-20 Summit in IIOJK: President asks MOFA to expose India’s ulterior motives ISLAMABAD: President Dr Arif Alvi has asked the Ministry of Foreign Affairs (MOFA) to intensify its efforts to ... Published 03 May, 2023 06:35am
‘Dubious’ appointment Senate body seeks report on action against two NTDC DMDs ISLAMABAD: Chairman Senate Standing Committee on Power, Senator Saif Ullah Abro has sought comprehensive report from... Published 03 May, 2023 06:35am
Climate Dialogue in Berlin: Sherry sees actions taken to match pledges fall short ISLAMABAD: “As we approach the Global Stocktake at COP28, I see global records being broken by climate change,... Published 03 May, 2023 06:35am
South Asia India, China propose ‘multiple pathways’ on cutting use of fossil fuels NEW DELHI: India, backed by China, is trying to build a consensus within the G20 group to let countries choose a... Published 03 May, 2023 06:35am
Sudan warring parties agree ‘in principle’ to 7-day truce KHARTOUM: Warring generals in Sudan have agreed “in principle” to a seven-day truce, the government of... Published 03 May, 2023 06:35am
Chinese foreign minister meets Myanmar junta chief YANGON: China’s foreign minister met Myanmar’s junta chief on Tuesday, the military said, the highest-ranking... Published 03 May, 2023 06:35am
UBL proposal: BoD asks Silkbank to pursue potential merger KARACHI: The Board of Directors of Silkbank Limited has reviewed and considered the UBL proposal and granted its... Updated 03 May, 2023 08:47am
Stocks Dates of Closure of Books & Annual General Meetings KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ... Published 03 May, 2023 06:35am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 03 May, 2023 06:35am
‘UK newspaper’s report about Pakistan bankrupting very worrying’ KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum... Published 03 May, 2023 06:35am
Zardari meets Fazl ISLAMABAD: Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari visited Pakistan Democratic Movement (PDM)... Published 03 May, 2023 06:35am
Pakistan completes evacuations from battle-hit Sudan ISLAMABAD: The evacuation of Pakistanis out of crisis-hit Sudan ended on Tuesday with more than 1,000 nationals ... Published 03 May, 2023 06:35am
Holding elections responsibility of ECP not PML-N’s: Khaqan ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior leader and ex-premier Shahid Khaqan Abbasi on Tuesday said... Published 03 May, 2023 06:35am
Amendments to NAB law case: PTI’s Fawad ‘explains’ why Zardari, Maryam ‘targeting’ SC judges ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Tuesday said that Asif Ali Zardari and Maryam... Published 03 May, 2023 06:35am
NA cannot be dissolved to ‘appease’ IK: SAPM ISLAMABAD: Special Assistant to the Prime Minister (SAPM), Malik Muhammad Ahmad Khan, on Tuesday said that courts... Published 03 May, 2023 06:35am
Bhutto’s ‘judicial murder’, disqualification of Nawaz, Gilani: Judiciary should be made ‘accountable’, Asif tells NA ISLAMABAD: Defence Minister Khawaja Asif on Tuesday said that the judiciary should be made ‘accountable’ for... Published 03 May, 2023 06:35am
PM chairs consultative meeting Islamabad: Prime Minster Shehbaz Sharif on Tuesday chaired a consultative meeting with Pakistan Muslim League-Nawaz... Published 03 May, 2023 06:35am
121 cases: LHC directs IK to join investigations LAHORE: The Lahore High Court on Tuesday directed Chairman Pakistan Tehrik-e-Insaf (PTI) and former Prime Minister... Published 03 May, 2023 06:35am
Registration of volunteers: programme launched in Punjab LAHORE: The Punjab local government department on Tuesday launched a programme for registration of volunteers in... Published 03 May, 2023 06:35am
Monkeypox threat: People asked to adopt precautionary measures LAHORE: In the wake of threat of monkeypox, the health professionals have advised the people to remain vigilant and... Published 03 May, 2023 06:35am
An aide to PM emphasises importance of press freedom in digital age KARACHI: Minister of State/ Special Assistant to the Prime Minister of Pakistan for Public Communication and Digital... Published 03 May, 2023 06:35am
Four die, two injured in rain-related incidents: PDMA PESHAWAR: Four people died and two other injured in the rain-related incidents in Khyber Pakhtunkhwa during the... Published 03 May, 2023 06:35am
Demystifying CSR Corporate fads come and go. Some stay, gain traction, and become mainstream. Consultants make a lot of money. Other... Published 03 May, 2023 06:35am
Infrastructure financing gap On the 14th of March 2023, InfraZamin Pakistan hosted the country’s first-ever summit on infrastructure titled... Published 03 May, 2023 06:35am
Sindh assembly must complete its term: resolution adopted KARACHI: Provincial legislators here on Tuesday voted to pass a resolution seeking a five-year completion term for... Published 03 May, 2023 06:35am
DHA City Karachi launches Fairwinds Signature Golf Course and Country Club KARACHI: DHA City Karachi launched The Fairwinds Signature Golf Course and Country Club, a flagship project that is... Published 03 May, 2023 06:35am
ECC approves Rs450m for operational requirements of ICT police ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs 450 million for operational... Published 03 May, 2023 06:35am
Letters The optics are good even though the substance is bad This is apropos a Business Recorder news item “PM seeks to jolt DMAs out of complacency” carried by the ... Published 03 May, 2023 06:35am
Stashed money allegations: Umar sends legal notice to JI chief ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) secretary general Asad Umar on Tuesday sent Jamaat-e-Islami chief Sirajul... Published 03 May, 2023 06:35am
Elahi allowed protective bail by LHC LAHORE: The Lahore High Court (LHC) on Tuesday allowed protective bail to President Pakistan Tehrik-e-Insaf (PTI) ... Published 03 May, 2023 06:35am
SC summer vacations ISLAMABAD: The Supreme Court will remain closed from June 15 until September 10 on account of summer vacations. A... Published 03 May, 2023 06:35am
Govt-PTI talks end in stalemate ISLAMABAD: The third and final round of political dialogue between the federal government and Pakistan... Updated 03 May, 2023 08:50am
KE quizzed by Nepra for its cost-reflective tariff demand ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday quizzed K-Electric’s top management for... Updated 03 May, 2023 08:48am
Orders by apex court: All authorities, state organs bound to obey: CJP ISLAMABAD: Chief Justice of Pakistan Umar Ata Bandial has said all authorities and the organs of the State are bound... Updated 03 May, 2023 07:22am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (May 02,... Published 03 May, 2023 06:35am
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 03 May, 2023 06:35am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (May 02, 2023). ========================== KIBOR... Published 03 May, 2023 06:35am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (May 02, 2023). ======================== Offer... Published 03 May, 2023 06:35am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (May 02, 2023). ======================== Offer... Published 03 May, 2023 06:35am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price 1,305.2370 Bid... Published 03 May, 2023 06:35am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price 1,763.8573... Published 03 May, 2023 06:35am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price ... Published 03 May, 2023 06:35am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price... Published 03 May, 2023 06:35am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price ... Published 03 May, 2023 06:35am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Tuesday (May 02, 2023). ======================== Offer Price 602.4393... Published 03 May, 2023 06:35am
Rates Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 03 May, 2023 06:35am
Rates BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 03 May, 2023 06:35am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (May 02, 2023). ==================================== BR... Published 03 May, 2023 06:35am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
Rates Cross Transactions between Client to Client & Financial Institutions KARACHI: The following were the cross transactions between client to client & financial institutions here on... Published 03 May, 2023 06:35am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (May 02, 2023). ======================== Open Bid Rs... Published 03 May, 2023 06:35am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 02, 2023).... Published 03 May, 2023 06:35am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (May 02, 2023). ======================================= Offset ... Published 03 May, 2023 06:35am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 02, 2023)... Published 03 May, 2023 06:35am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 03 May, 2023 06:35am
Energy OGRA allows hike in LPG cylinder’s price ISLAMABAD: On Tuesday, the Oil and Gas Regulatory Authority (OGRA) allowed a significant raise in the LPG domestic... Published 03 May, 2023 06:35am
Stocks Banks, energy stocks lead Wall St slide ahead of Fed meeting NEW YORK: US stock indexes tumbled on Tuesday, led by banks and energy shares, as investors fretted about the impact... Published 03 May, 2023 06:35am
Stocks European shares close at one-month low as oil stocks slide PARIS: Europe’s STOXX 600 index closed at its lowest level in nearly a month on Tuesday at the beginning of a... Published 03 May, 2023 06:35am
Stocks HK shares edge higher as HSBC earnings beat HONG KONG: Hong Kong stocks were marginally up on Tuesday as HSBC soared after reporting a tripling in quarterly... Published 03 May, 2023 06:35am
Stocks London stocks kick off May on jitters; HSBC shines LONDON: London’s FTSE 100 reversed early gains to end Tuesday lower as a slump in energy firms outweighed strong... Published 03 May, 2023 06:35am
Cotton & Textile Cotton market steady amid low trading volume LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained low. Cotton Analyst... Published 03 May, 2023 06:35am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 02, 2023)... Published 03 May, 2023 06:35am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 219,969 tonnes of cargo comprising 139,947 tonnes of import cargo and 80,022... Published 03 May, 2023 06:35am
Energy US natgas futures drop on record output NEW YORK: US natural gas futures fell about 4% on Monday on record output and forecasts for milder weather and less... Published 03 May, 2023 06:35am
Energy Asia’s naphtha falls on weak demand, gasoline steady NEW DELHI: Asia’s naphtha markets declined on the first trading day of May amid thin trading due to public ... Published 03 May, 2023 06:35am
Energy Asia Distillates: Gasoil refining margins rise on weaker crude prices SINGAPORE: Asia’s 10ppm sulphur gasoil and jet fuel margins rose on Tuesday, supported by weaker crude prices and... Published 03 May, 2023 06:35am
Energy VLSFO cash premium spikes to 11-week highs SINGAPORE: Asia’s cash premium for very-low sulphur fuel oil (VLSFO) jumped to 11-week highs on Tuesday, as... Published 03 May, 2023 06:35am
Rates PSX ends on positive note KARACHI: Pakistan Stock Exchange on Tuesday witnessed a bullish trend and closed on strong positive note with ... Published 03 May, 2023 06:35am
Industry Golden Ring region: $22bn exports opportunity must be exploited: LCCI LAHORE: Economic diplomacy and cross border networking holds key to break the restrictions of low exports and to... Published 03 May, 2023 06:35am
Taxes FBR urged to investigate smuggling of imported cigarettes ISLAMABAD: The Federal Board of Revenue (FBR) should immediately investigate allegations whether the imported... Published 03 May, 2023 06:35am
Pakistan, Czech Republic agree to enhance bilateral ties ISLAMABAD: Pakistan and Czech Republic have agreed to further enhance existing bilateral relations and also expand... Published 03 May, 2023 06:35am
Taxes Tax expert offers perspective on stalled IMF bailout LAHORE: Former chairman Federal Board of Revenue (FBR) Syed Shabbar Zaidi on Tuesday said that Pakistan’s ... Published 03 May, 2023 06:35am
Taxes Stock-in-trade: tax officials attract accusation LAHORE: Income tax officers are accused of calculating stock-in-trade of sales tax returns in the income tax returns... Published 03 May, 2023 06:35am
Mpox alarm EDITORIAL: A new public health concern has emerged since a Pakistani arriving at the Islamabad airport from Saudi... Published 03 May, 2023 06:35am
The ‘Little Boy’ next door EDITORIAL: Last year, one-third of Pakistan was under water, and some of that water is still there in parts of Sindh... Published 03 May, 2023 06:35am
ADB’s ‘factsheet’ EDITORIAL: ADB’s (Asian Development Bank’s) latest report, “Factsheet on Pakistan”, goes to show, all over... Published 03 May, 2023 06:35am
Commodities Gold, silver prices at record high KARACHI: Gold and silver prices on Tuesday touched record highs on the local market, traders said. Gold prices grew... Published 03 May, 2023 06:35am
Energy Incentive to refineries: Petroleum Div for Rs3/litre hike in prices of petrol, diesel ISLAMABAD: Petroleum Division has reportedly proposed increase of rates of Motor Spirit (MS) and High Speed Diesel... Published 03 May, 2023 06:35am
Commodities Indian iron ore miner NMDC in talks with Australia’s Hancock for lithium mining NEW DELHI: Indian iron ore miner NMDC Ltd is in talks with Australia’s Hancock Prospecting Pty Ltd for lithium... Published 03 May, 2023 06:35am
Commodities Palm oil jumps, snaps six-session losing streak KUALA LUMPUR: Malaysian palm oil futures extended early gains on Tuesday, recouping losses from last week after the... Published 03 May, 2023 06:35am
Commodities Gold advances on fresh banking jitters NEW YORK: Gold extended gains on Tuesday and was on track for its biggest daily rise in a month, as yields dropped ... Published 03 May, 2023 06:35am
Commodities Copper retreats from one-week high LONDON: Copper hit a one-week high on Tuesday as speculators followed short-term bullish signals, but later pulled... Published 03 May, 2023 06:35am
Commodities Japanese rubber futures gain SINGAPORE: Japanese rubber futures edged higher for a third session on Tuesday, closing at its highest since April ... Published 03 May, 2023 06:35am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 23.944 ... Published 03 May, 2023 06:35am
Commodities EU 2022/23 soft wheat exports up PARIS: Soft wheat exports from the European Union in the 2022/23 season that started in July had reached 25.67... Published 03 May, 2023 06:35am
Commodities ICE canola futures up WINNIPEG, (Manitoba): ICE canola futures edged higher on Monday after first touching a fresh nearly two-year low,... Published 03 May, 2023 06:35am
PM for tightening noose around wheat, urea smugglers ISLAMABAD: Prime Minister Shehbaz Sharif has directed that the mill owners, dealers and warehouse owners involved in... Published 03 May, 2023 06:35am
Lucky Cement announces second buy-back of 23.8m of its own shares KARACHI: Following the successful completion of the first buy-back of 10.0 million shares, Lucky Cement Limited has... Published 03 May, 2023 06:35am
BankIslami emerging as a stronger bank: President/CEO KARACHI: “BankIslami has overcome from the difficult period and now it is emerging as a stronger bank in the... Published 03 May, 2023 06:35am
Policy for installing more than one electricity meter unchanged, says Power Division amid social media reports
Policy for installing more than one electricity meter unchanged, says Power Division amid social media reports
Budget FY26: PSX proposes to resolve provincial jurisdiction differences over collection of sales tax on services at CCI
Policy for installing more than one electricity meter unchanged, says Power Division amid social media reports